PT Usha refutes CAG's charges of favouring Reliance, says 'Assumption does not hold good'

Indian Olympic Association (IOA) President PT Usha refuted the Comptroller and Auditor General of India’s charge of favouring Reliance Industries Limited (RIL). The CAG had pointed to IOA’s "loss of ₹24 crore due to faulty agreement with RIL and undue favour to RIL". In her response, Usha, while stating CAG's "assumption doesn't hold good", blamed earlier administration for "flawed" process.