New Delhi, March 14: Officials of the Commonwealth Games Organising Committee had hired equipment for overlay works at over 14 times the actual price, an investigation by the central vigilance commission has revealed.
The CVC, in its report to the Central Bureau of Investigation on overlays scam, has said that the committee had taken equipment on rent at an inflated Rs 42.34 crore (over 1,400 per cent higher) against the actual cost of Rs 2.80 crore, thus giving undue benefits to the companies.
Besides, investigators of the anti-corruption watchdog have found indications of collusive bidding, cost of renting items far higher than the cost of procurement, unreasonably high rate on supplied items, double payment and inferior quality in the overlays work.
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.
–PTI–