Kalmadi gets bail after nine months in jail (Lead)
January 19th, 2012 - 12:44 pm ICT by IANS ( Leave a comment )New Delhi, Jan 19 (IANS) The Delhi High Court Thursday granted bail to Suresh Kalmadi, MP and former chief of the Commonwealth Games Organising Committee, accused in a corruption case related to the 2010 sporting event.
His aide V.K. Verma was also given bail. The court allowed bail to Kalmadi on a personal bond of Rs.5 lakh and surety of the like amount.
Kalmadi was arrested April 26 last year for his alleged role in awarding a 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 exchequer.
The Central Bureau of Investigation (CBI) had opposed the bail of the two accused.
Kalmadi and Verma moved the court for bail on the observation of the Supreme Court in the 2G case that “bail should be the rule and jail an exception”.
The trial court in June last year rejected Kalmadi’s bail plea, after which he approached the high court.
The accused individuals and two companies in the case were charged under various sections of the Indian Penal Code (IPC) for cheating, criminal conspiracy and forgery, and booked under the Prevention of Corruption Act.
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- Accused should not continue as office bearer: Sports minister - Jan 20, 2012
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- Court dismisses bail pleas of Bhanot, Verma (Lead) - Apr 29, 2011
- After Kalmadi, his aides Bhanot, Jayachandran get bail (Lead) - Jan 22, 2012
- CBI names Kalmadi prime accused in CWG chargesheet (Roundup) - May 20, 2011
- Kalmadi should have resigned as IOA president: Maken (Lead) - Jan 20, 2012
- Bail plea of Lalit Bhanot, Verma dismissed - Apr 29, 2011
Tags: bail plea, cbi, central bureau of investigation, commonwealth games, corruption case, criminal conspiracy, crore, delhi high court, forgery, indian penal code, ipc, jan 19, lakh, organising committee, personal bond, prevention of corruption act, result system, surety, trial court, v k verma