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Kalmadi gets bail after nine months in jail
Thursday January 19, 2012 04:36:09 PM,
IANS
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New Delhi: The Delhi
High Court Thursday granted bail to Suresh Kalmadi, MP and former
chief of the Commonwealth Games Organising Committee, accused in a
corruption case related to the 2010 sporting event.
His aide V.K. Verma was also given bail. The court allowed bail to
Kalmadi on a personal bond of Rs.5 lakh and surety of the like
amount.
Kalmadi was arrested April 26 last year for his alleged role in
awarding a contract for installing the Timing-Scoring-Result
system to Swiss Times Omega at an exorbitant cost of Rs.141 crore,
allegedly causing a loss of over Rs.95 crore to the public
exchequer.
The Central Bureau of Investigation (CBI) had opposed the bail of
the two accused.
Kalmadi and Verma moved the court for bail on the observation of
the Supreme Court in the 2G case that "bail should be the rule and
jail an exception".
The trial court in June last year rejected Kalmadi's bail plea,
after which he approached the high court.
The accused individuals and two companies in the case were charged
under various sections of the Indian Penal Code (IPC) for
cheating, criminal conspiracy and forgery, and booked under the
Prevention of Corruption Act.
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