CAG finds flaws in CWG contract; sends memo to OC
New Delhi: Government auditor CAG is believed to have found that the Organising Committee (OC) of the Commonwealth Games had paid more for procuring items than the market rates.
In a communication to the OC last month, the Comptroller and Auditor General (CAG) has said that some of the items for the Games were procured at prices higher than the market rates, said sources in the know.
The OC had overstated rates of the items contracted by allowing some sellers to form a cartel, which then put in costlier bids, said the CAG memo.
The two-week long Commonwealth Games, held here between October 3-14, reportedly cost the nation Rs 70,000 crore.
CAG is vetting the expenditures incurred on different CWG related projects.