Saturday 4 December 2010

London 2012 Olympics: Allegation Of Corruption On Main Sponsors surrounding Commonwealth Games

An investigation has been done by Indian Central Bureau of Investigation from Omega,which is one of the International Olympic Committee's global sponsors, through its company Swiss Timing, has been asked for details of the contract it entered into to provide timing, scoring and results for the Games, held last month.

Secretary general Lalit Bhanot and director general V.K.Verma,the most senior officials of games have been charged with criminal conspiracy and cheating under the Prevention of Corruption Act in relation to the awarding of the contract - worth several million dollars and awarded to Swiss Timing.

Investigation from other 22 official related to the games also underway and including Indian agents of Swiss Timing were also under investigation,said CBI.

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