Sports timing company Swiss Timing has been charged by Indian police over alleged kickbacks contained in a contract it won for the Delhi Commonwealth Games.
The Swiss group, which has been timekeeper at a host of Olympics, most recently in Beijing in 2008, has been named in the latest charges in a wide-ranging police probe into the graft-tainted event in New Delhi.
Two high-ranking officials, the closest aides to chairman of the event Suresh Kalmadi, have also been charged with criminal conspiracy, cheating and corruption.
Police said Swiss Timing had supplied equipment “at exorbitant rates of one 1.07 billion rupees (220,000 dollars) and thereby causing huge loss to the government,” it said.
The accused men, organising committee secretary Lalit Bhanot and director general V.K. Verma, are alleged to have twisted bidding criteria to eliminate other bidders and award the contract to Swiss Timing.
They “entered into criminal conspiracy with a Switzerland-based company,” named as Swiss Timing in the police statement.