The panel has now calculated the loss of the CWG scam to Rs 220 crore to the country's exchequer. The real estate developer EMAAR is also being accused of selling 333 flats at a hiked price resulting in an loss of Rupees 222 crore. There are also evidence pointing to unauthorized payments made to EMAAR to the tune of Rs 64 crores.
The panel has also named Ashok Kumar, Vice Chairman of DDA, Nand Lal, Member Finance, AK Bajaj- a former member, engineering, M Ramachandran -Former Secretary at Urban Development as well in helping EMAAR bag the deal. They now plan to book all the officials named and EMAAR itself.
The panel also suggests that changes be made to the structure of DDA since the accused Lt Governor, still handles the affairs in the capacity of ex officio chairman.
On the allegations, EMAAR MGF has released a statement that says, “We wish to state that Emaar MGF has complied and strictly adhered to all laws and regulations made binding in the 'contractual agreement' to develop the Commonwealth Games Residential Village. The development of Commonwealth Games Residential Village, since the time it started in 2007, was monitored closely by DDA and other relevant authorities and all clearances were given as per laid out laws and guidelines."
After the recent indictment there will be many more names that will come up in the CWG mess.