CWG scam: ED looks at QBR money trail to UK firm

The ED has scrutinised the bid documents that led to awarding the display services to A M Films,a little-known London-based company.

Widening its probe into alleged financial irregularities in the Commonwealth Games,the Enforcement Directorate is looking at the source and gateways through which payment was made for the Queens Baton Relay in London last October.

The ED has scrutinised the bid documents that led to awarding the display services to A M Films,a little-known London-based company,to which a huge sum of money was transferred through the Royal Bank of Scotland.

The agency’s initial probe,including leads from the RBI,has led ED sleuths to gather more information about the source and various channels used to transfer money to the firm.

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The ED is also likely to summon other Organising Committee members like Joint Director General (F&A) M Jeychandren and Deputy Director General (Ceremonies) Sudheer Verma who are said to be the signatories to the work related to the QBR.

The directorate,probing the CWG case for alleged violations under the Foreign Exchange Management Act (FEMA) has already sacked Organising Committee JDG T S Darbari and suspended DDG Sanjay Mohindroo a few days ago.

The probe will also focus on a noting in the minutes of the meeting of the committee for evaluation of bids relating to the display services.

“The firm has asked for hundred per cent advance payment and in view of the short time available and the risk of event cancellation,the committee recommends that the advance payment of hundred per cent may be given to the firm (AM Films) to facilitate taking up the work in time,” the minutes stated.

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Sources said that violation under FEMA could be related to the arrangements of this 100 per cent advance payment to A M Films.

Tejashwi Yadav is the Bihar chief ministerial candidate of the Mahagathbandhan, announced Congress leader Ashok Gehlot at the press conference held at Hotel Maurya on Thursday.

Tejashwi CM face, Mukesh Sahani makes his way to Deputy CM as INDIA presents united front

Political Pulse36 min ago

After days of negotiations, the Congress Thursday finally announced RJD leader Tejashwi Yadav as the chief minister face of the Mahagathbandhan. In addition, Vikassheel Insaan Party (VIP) chief Mukesh Sahani was declared the alliance’s deputy chief minister face, with Congress leader Ashok Gehlot saying they could consider other names too as Deputy CMs after the polls.

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