CWG: Sacked OC treasurer arrested by CBI

The accused OC officials,in conspiracy with the London-based AM Cars/Vans and its Director Ashish Patel,awarded work to the company at exorbitant rates without following the standard tender process,sources said.

8220;Jayachandran was called for questioning and arrested after evidence came in during the interrogation of Mohindroo and Darbari. The agency also has ample evidence against Jayachandran through the various documents recovered from the OC office,8221; a CBI source said.

Officials said the OC suffered a loss of approximately Rs 3.5 crore in awarding the contract to AM Films and AM Cars for the QBR.

Jayachandran role as treasurer has been under the scanner due to alleged foreign exchange violations. He has also been summoned in the past by the Enforcement Directorate under the provisions of the Foreign Exchange Management Act FEMA.