"Deliberate attempt to discredit IOA": PT Usha strongly refutes allegations over CAG report, threatens legal action

New Delhi [India], October 8 (ANI): Indian Olympic Association has refuted reports claiming that he body incurred a loss of Rs 24 crores due to alleged undue favours extended to sponsor Reliance Industries Limited (RIL).

IOA President PT Usha has already provided a formal reply to the CAG's half-margin No. 2. dated 12 September 2024, stating categorically that there has been no financial loss to the IOA, a press release b