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Wednesday, October 20, 2010
Income Tax raids on CWG contractors
Income Tax sleuths raided 23 premises of contractors and business houses across Delhi and the National Capital Region as part of the multi-pronged investigation into the 2010 Commonwealth Games scam. The projects which came under the scanner relate to venue development and overlays contracts awarded to four consortiums.
The Enforcement Directorate registered a case for alleged foreign exchange violation against a few officials of the Games’ Organising Committee (OC) for alleged violation of the Foreign Exchange Management Act (FEMA).
Meanwhile, the CBI is looking into separate complaints of corruption in this Rs 8000 cr scam.
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