Subsequently nine months in jail on Thursday January 19 the Delhi High Court permitted bail to Suresh Kalmadi who is an MP and former chief of the Commonwealth Games Organising Committee, As he was an accused in a corruption case that is affiliated to the 2010 sporting event.
And more over Suresh Kalmadi associate V.K. Verma has also got the bail.As Delhi High Court permitted the bail with an amount of Rs 5 lakhs on personal bond and surety of the amount.
In the last year which was on April 26 Suresh Kalmad was arrested for his declared appearance in awarding a contract for installing the Timing-Scoring-Result system to Swiss Times Omega at an exorbitant cost of Rs.141 crore, allegedly causing a loss of over Rs.95 crore to the public exchequer.
The Central Bureau of Investigation (CBI) had opposed the bail of the two accused.
Kalmadi and Verma moved the court for bail on the observation of the Supreme Court in the 2G case that "bail should be the rule and jail an exception".
The trial court in June last year rejected Kalmadi's bail plea, after which he approached the high court.
The individuals and two companies were accused and charged under Indian Penal Code sections for cheating, criminal conspiracy and forgery, and booked under the Prevention of Corruption Act.
