Former Commonwealth Games Organising Committee Secretary General Lalit Bhanot and OC Director General V K Verma were on Wednesday arrested by the CBI in connection with alleged irregularities in the Rs 107 crore deal inked with a Swiss timing firm.
The Delhi high court on Tuesday dismissed the bail plea of former Commomwealth Games Organising Committee Secretary General Lalit Bhanot, accused of favouring a Swiss firm in a contract that led to a loss of over Rs 90 crore to the exchequer.
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