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2w ago

Delhi Court Ends 13-Year Probe into 2010 CWG Money Laundering Allegations

The court accepted the ED's closure report, citing lack of evidence under the Prevention of Money Laundering Act, formally concluding the case against Suresh Kalmadi, Lalit Bhanot, and others.

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Suresh Kalmadi. (PTI)
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Overview

  • A Delhi court has officially closed the Enforcement Directorate's investigation into alleged money laundering linked to the 2010 Commonwealth Games, ending a 13-year inquiry.
  • Special Judge Sanjeev Aggarwal ruled that no offence under Section 3 of the Prevention of Money Laundering Act could be established due to the absence of proceeds of crime.
  • The ED's investigation was based on an earlier CBI case that was closed in 2014 after finding no incriminating evidence regarding alleged irregularities in awarding two major contracts for the Games.
  • The original allegations involved undue financial gains to a consortium of EKS and Ernst & Young, resulting in a purported ₹30 crore loss to the CWG Organising Committee.
  • Congress leaders criticized the case as politically motivated, demanding apologies from Prime Minister Narendra Modi and AAP leader Arvind Kejriwal for tarnishing their party's reputation.