Suresh Kalmadi ready to face scrutiny by CAG

Nksagar - Sagar Media - New Delhi - Mr. Suresh Kalmadi, MP, Chairman, Organising Committee Commonwealth Games 2010 Delhi said During the last week, Media has come out with various stories regarding the irregularities in the orders / procurement etc. of QBR Launch Function at London / Overlays and association of M/S Sports Marketing and Management (SMAM) in obtaining the Sponsorship for the games.Suresh Kalmadi said," I have taken a serious note of these reports and appointed a three member committee headed by Mr. Jarnail Singh, the Chief Executive Officer and two members, Mr. G. C. Chaturvedi (IAS), Special Director General and Ms. Gurjot Kaur (IDAS) Chief Vigilance Officer of Organising Committee to look into all the details of QBR Launch Function, Overlays and SMAM issues. The Committee has been asked to submit its report by August 5, 2010.

The financial procedures at the Organising Committee are well laid down and transparent. Any proposal that is prepared by the Functional Area Head first gets vetted by the O. C. Finance Committee which has two representatives of Government of India, and after that it is referred to Finance Sub-Committee, comprising of three Senior representatives of Government of India. There after, the proposals are submitted to the Executive Board for its final approval. Chairman O.C., in his individual capacity does not have any financial powers.

Suresh Kalmadi said, "I, as Chairman of the Organising Committee, am prepared to face any scrutiny by CAG or even a judicial probe for all financial transactions being reported by the Media. And all those found guilty will be brought to book."

Sixty days are left for the start of XIX Commonwealth Games 2010 to be held in New Delhi and 43 days for Games Village to open when about 8000 athletes and Officials from all continents of the world start arriving to participate in the Games.