APN News

  • Wednesday, May, 2024| Today's Market | Current Time: 06:46:15
  • IT raids in 23 NCR places; errant CWG contractees under scanner

    Published on October 20, 2010

    To bring to book the culprits behind the alleged corruption and irregularities in Common Wealth Games, IT Raids are being carries out in 23 places mostly in National Capital Region (NCR) in connection with the contracts awarded to various suppliers.

    The Income Tax department on Tuesday conducted searches at the premises of businessman and BJP activist Sudhanshu Mittal and some other contractors as part of its probe to unearth alleged tax evasion in works related to the Commonwealth Games.

    More than 200 sleuths of the I-T department swooped down on the premises of Mittal and his relatives as the department has found a number of contracts to the tune of more than Rs 200 crore being bagged by them, sources said.

    Mittal is considered to be close associate of former BJP President Rajnath Singh and late party leader Pramod Mahajan.

    The department also carried out searches at the premises of three-four big contractors at more than 20 locations in the National Capital Region including some foreign companies who have their consortiums in India, they said.

    The I-T probe will specifically look into the contracts awarded by the Games Organising Committee and the role of its officials and contractors including charges of bribing.

    The IT department officials will be seizing documents related to all the tenders and contracts being granted to various consortiums for the Games to detect possible evasion of taxes through over-invoicing and under-reporting of accounts.

    The department is already in possession of documents related to award of contracts which were sourced from the OC and various other government agencies.

    The IT department is also scrutinising financial documents relating to the broadcast rights for the Games following charges of tax evasion.

    The department has conducted survey operations on the Indian arm of a London-based broadcast company and has found alleged discrepancies in the tax statements of the company.

    The department is investigating if the discrepancies to the tune of crores of rupees are related to the earnings of the company from its deal with the OC and possible tax evasion, they said.

    Monday, the group of Ministers (GoM) set up for the smooth conduct of the games held its meeting in New Delhi.

    Meanwhile, Comptroller and Auditor General of India has assured that the audit of games expenditure will be completed in three months time

    SEE COMMENTS

    Leave a Reply