Commonwealth Games: Probe underway in Rs147 crore payment to UK firm

Source: DNA (http://www.dnaindia.com/); Place: New Delhi | Agency: PTI

 

Published: Friday, Dec 7, 2012, 18:15 IST 

 

Investigation under forex laws is underway regarding payment of over Rs147 crore by Prasar Bharti and Doordarshan to a UK-based firm in the conduct of Commonwealth Games, the Lok Sabha was informed today.

 

"Investigations conducted by the Enforcement Directorate under the provisions of the Foreign Exchange Management Act, 1999 indicate that during 2010, Prasar Bharti/ Doordarshan had made payment of Rs147.60 crore to Ms SIS Live in India against the contract for production and coverage facility and services for Commonwealth Games," Minister of State for Finance S S Palanimanickam said in a written reply.

 

"Investigations are under way," he said, answering a question whether an agency of the government made a payment of Rs 146 crore to the firm in UK without the RBI's permission, thereby violating the FEMA.

 

Link: http://www.dnaindia.com/india/report_commonwealth-games-probe-underway-in-rs147-crore-payment-to-uk-firm_1774709