New Dehli: Delhi High Court on Thursday granted bail to former Commonwealth Games Organising Committee (OC) chairperson Suresh Kalmadi on the surety of Rs 5 lakhs. Besides Kalmadi, former OC director general V K Verma, who is also an accused in the case pertaining to the mega-sporting event held, was also granted bail by the high court. The high court took congnizance of the ruling in 2G scam case by Supreme Court when the top five coporate honchos were given bail. The apex court had said, "Right to bail is not to be denied merely because of the sentiments of the community against the accused." Kalmadi was arrested April 26 last year for his alleged role in awarding the contract for installing the Timing-Scoring-Result system to Swiss Times Omega at an exorbitant cost of Rs 141 crore, allegedly causing a loss of over Rs 95 crore to the public ...
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New Dehli: Delhi High Court on Thursday granted bail to former Commonwealth Games Organising Committee (OC) chairperson Suresh Kalmadi on the surety of Rs 5 lakhs. Besides Kalmadi, former OC director general V K Verma, who is also an accused in the case pertaining to the mega-sporting event held, was also granted bail by the high court. The high court took congnizance of the ruling in 2G scam case by Supreme Court when the top five coporate honchos were given bail. The apex court had said, "Right to bail is not to be denied merely because of the sentiments of the community against the accused." Kalmadi was arrested April 26 last year for his alleged role in awarding the contract for installing the Timing-Scoring-Result system to Swiss Times Omega at an exorbitant cost of Rs 141 crore, allegedly causing a loss of over Rs 95 crore to the public ...
Read Full Story