Indian Olympic Association president PT Usha has refuted the Comptroller and Auditor General (CAG) of India’s charge of favouring Reliance Industries Limited (RIL). Usha’s 61-page response, dated October 8, comes after the CAG, though a notice last month, had pointed to IOA’s ‘loss of Rs 24 crore due to faulty agreement with RIL and undue favour to RIL”. The issue relates to a Rs 35 crore contract signed by IOA with RIL to build a hospitality lounge at the Paris Olympics. In her response, the track and field legend, while stating the CAG’s ‘assumption does not hold good’, blamed the earlier administration for its ‘flawed’ process. She has also requested the auditors to ‘settle’ the matter. Her response includes a copy of the initial contract signed in 2022 and the internal correspondence between the officials from the International Olympic Committee, the IOA and RIL about the renegotiation of the Rs 35-crore deal. India House deal In July 2022, the IOA invited bids to build a ‘hospitality lounge’ on the sidelines of the Paris Games, where …