New Delhi: Prasar Bharati gave the Rs 246-crore telecast rights of the Commonwealth Games to an illegal entity which gave a fake registration number and had no service tax number,raising doubts about the motives of the top brass who overruled objections and speedily paid out 80% of the contract fee even before the Games concluded.
The broadcast deal was bagged by a UK-based company,SIS Live,which came into being in January 2010,four months after the bidding formalities were over,according to the findings of the Income Tax department.
The I-T survey conducted on the broadcasting firm has found that the firm was given the contract despite having no valid service tax number nor having filed any tax returns in previous years a prerequisite for bidding for big ticket contracts.
Prasar Bharatis own member (finance) had raised questions about the antecedents of SIS on September 15 this year.
CVC finds 200cr loot in overlays
Overlay providers allegedly helped the OC inflate bills by at least 30%,by charging two different prices for the same item at different Games venues,the Central Vigilance Commission found in its preliminary probe.Initial estimates put the organized loot at 200 crore or more on a net spend of 665 crore
PRABHAKAR MANI
PGDM 1 SEM
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