Mashreq and Al Hilal Bank: one card fits allJuly 29, 2015 3:08
The business of… the Delhi Commonwealth Games
With the event set to begin in just a few days, Kipp takes a closer look at the allegations of corruption, bureaucracy and nepotism surrounding the Games.
September 29, 2010 4:06 by shafeer
Unsurprisingly, the buck has been tossed around unceremoniously. Amidst the accounts of chaos and fiascos, there have been reports of both corruption and nepotism. From the two close associates of the Commonwealth Organizing Committee (CWOC) chairman, Suresh Kalmadi, who have been found to be owners of a travel agency that bagged contracts worth hundreds of thousands for the Games, to the CWGOC’s treasurer Anil Khanna, who resigned from his post in wake of allegations that his son’s firm secured contract for laying synthetic courts at tennis stadium.
What’s more, evidence of corruption in construction projects and illegal cash transfers have surfaced. The Central Vigilance Commission (CVC), India’s government watchdog agency told the Times of India that construction quality certificates scrutinized in 16 Games-related projects had turned out to be “fake or suspect.” The fake certificates were issued to pass substandard work and material.
The Daily Mail reported evidence that funds worth £247,469 were transferred in October, 2009 from the Organizing Committee of the Commonwealth Games to a UK-based company AM Films UK Ltd.
Oh by the way, that Dubai connection we mentioned? Emaar is involved in the build of the Games Village through a joint venture between it and MGF Development. Delhi’s Chief Minister has blamed Emaar MGF for some of the problems, though Emaar flatly denies the charge.
(Picture: Talkatora Indoor Stadium)
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