CWG overlays equipment hired at 1,400% higher rate: CVC
Officials of Commonwealth Games Organising Committee had hired equipment for overlay works at over 14 times the actual price, a CVC investigation has found.delhi Updated: Mar 14, 2011 00:19 IST
Officials of Commonwealth Games Organising Committee had hired equipment for overlay works at over 14 times the actual price, a CVC investigation has found.
The CVC, in its report to CBI on overlays scam, has said that the committee had taken equipment on rent at an inflated Rs 42.34 crore (over 1,400% higher) against the actual cost of Rs 2.80 crore, thus giving undue benefits to the companies.
The OC had given overlays contract of Rs 687.86 crore to four firms — M/s Pico Deepali Overlays Consortium, Delhi, M/s Nussli (Switzerland) Ltd, Switzerland, M/s ESAJV:D Art:Indo Consortium, New Delhi and M/s GL-Meroform, France.
The work included managing temporary structures like tents, video boards, furniture and fixtures, generator sets among others at 62 venues (23 competition venues, 32 training venues and seven non competition venues) grouped in seven clusters.
Investigators of the anti-corruption watchdog have found indications of collusive bidding, double payment and inferior quality, among other irregularities in the overlays work.