CWG scam: Court dismisses bail plea of Bhanot and Verma

New Delhi, Apr 8 (PTI) A Delhi court Friday dismissed
the bail plea of two former top officials of the Commonwealth
Games Organising Committee, arrested in connection with
alleged irregularities in awarding Rs 107 crore contract to a
Swiss firm for providing logistic support for the 2010 event.
Special Judge Talwant Singh dismissed the bail plea of
OC's former Secretary-General Lalit Bhanot and its ex-Director
General V K Verma.
"Bail applications of both the accused are dismissed,"
the judge said and also extended their judicial custody till
April 21.
Bhanot and Verma were arrested on February 23 by CBI,
India's premier investigating agency, for striking a Rs 107
crore deal with a Swiss firm in procuring the Timing, Scoring
and Result (TSR) System for the Commonwealth Games.
The CBI(Central Bureau of Investigation) had told the
court that they were among key personnel in CWG OC and were
instrumental in allotment of contract for TSR System to Swiss
Timing in a pre-planned and pre-mediated manner at an
exorbitant rate of approximately Rs 107 crore, thereby causing
a huge loss to the government.
CBI has registered a case against the two under
sections 120B (criminal conspiracy) and 420 (cheating) of IPC
and various sections of Prevention of Corruption Act, along
with Switzerland-based firm Swiss Timing Ltd and other unnamed
persons.
The investigating agency had earlier slapped three
more charges of fraud, forgery and cheating on the duo.
In its FIR, the agency said in the Expression of
Interest (EoI) for the ward of contract, it was made out had
that only the Swiss firm had met the laid down criteria.