Franchise Offices Raided As IPL Corruption Row Deepens

Franchise Offices Raided As IPL Corruption Row Deepens

Thursday, April 22, 2010 at 6:08 pm under Sports News



Offices of a number of Indian Premier League (IPL) franchises were raided by police, Indian media said on Wednesday, amid the growing IPL corruption saga.

Punjab, Kolkata, Chennai and Rajasthan franchises were reportedly raided by police. It was also reported that India’s Enforcement Directorate (ED) will inquire into the ‘unauthorised transfer’ of foreign funds in the IPL, after registering a case against the cash-rich cricket league.

A report in Indian daily The Hindu quotes ED officials as saying that funds from abroad, without the permission of RBI, might have trickled in to the IPL. “There have been reports that funds from tax havens like Mauritius have been pumped into the league by various franchises in violation of legal provisions,” the report adds.

Meanwhile, vice president of the Board of Control for Cricket in India (BCCI) Ravi Shukla said that the BCCI’s governing council meeting will take decision on the on-going IPL saga while keeping in mind the image and welfare of the board.

Modi wants to postpone the meeting of the governing council.The Press Trust of India news agency reported on Wednesday that Modi was questioning the legality of the meeting on the ground that only he can convene it as the IPL commissioner. Modi could not be immediately reached for comment.

The meeting is scheduled for April 26 after uproar by politicians and lawmakers prompted the Indian government to initiate an investigation. The investigation will primarily be concentrated into the financing of the IPL after allegations of corruption emerged recently.

PTI quoted unidentified sources as saying that Modi has told the BCCI that he would not be able to attend Monday’s meeting as he needed more time to prepare himself to respond to any questions relating to the funding and the ownership pattern of the eight franchises.

Modi is facing a probe into accusations of money laundering but has received support from owners of the IPL teams.

Bollywood actress Shilpa Shetty, who is the co-owner of the Rajasthan team said Modi should not be judged guilty until proven. Shetty said that the media and politicians should refrain from jumping to conclusions about Modi without proof.



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(I HOPE THIS ENTHUSIASM AND PROMPTNESS OF I-T DEPARTMENT SHOULD BE SEEN IN RAIDING AND EXPOSING AND PUNISHING MANY OTHER BIG FISHES OF DIFFERENT FIELDS AS WELL, AND REACH TO SOME DEFINITE CONCLUSION ON TIME(NOT WILD ONE...AND NOT MEDIA TRIAL PLEASE, WE NEED MEDIA'S CREDIBILITY INTACT...ITS VERY IMPORTANT FOR OUR DEMOCRACY)...AS THIS IS 'HIGH TIME' PEOPLE SHOULD GET TO KNOW HOW AND FROM WHERE ALL OF THEM GET MONEY...AND WHERE THEY SPEND THEM...PUBLIC NEED TRANSPARENCY.....!!!

'CSR' IS NOT A BAD IDEA(HT CARTOON CONTEST, ORGANIZED BY SUDHIRJI FOR HT... WAS ONE EXAMPLE OF CSR IN EDUCATION SECTOR)....AS FOR POSITIVE USE OF BLACKMONEY(FOR ITS LIQUIDITY) ONE NEED SOME 'LEGAL WAYOUT' AND TO SAVE PEOPLE FROM 'TAXCHORI', WHICH IS COUNTRY'S MONEY...!!!

ONCE 'VDIS-VOLUNTEERLY DISCLOSURE SCHEME' WAS INTRODUCED BY THEN FINANCE MINISTER(SHRI YASHWANT SINHAJI-I THINK IN 2001???)...TO ENCOURAGE PEOPLE TO DECLARE THEIR BLACKMONEY SECRETLY...!!!

SO AS 'LOKPAL BILL',WHICH IS STILL PENDING, NEEDED TO BE PASSED BY PARLIAMENT IN UPDATED VERSION.WE NEED STRICTNESS AND THEN....JUST SEE HOW OUR 'ECONOMIC RECESSION' PROBLEM AND 'PRICE RISE' PROBLEM ALONG 'CORRUPTION' WILL GET CURB...ALL THE 'DESHBAKHT' PERSON NEED TO DEMAND FOR IT AND PAYBACK THEIR DUES AS WELL.

....ENOUGH IS ENOUGH NOW....ITS HIGH TIME WE ALL SHOULD BE IN ACTION AND MOMENTUM CREATED AGAINST 'CORRUPTION' BECOZ OF IPL, NEED NOT DIE DOWN JUST LIKE THAT....AS EVEN 'SARKARI MACHIENARY IS NO LESS UNTOUCHED BY CORRUPTION'...THAT'S THE WAY WE MAY GET MORE MONEY FOR DEVOLOPMENT WORK AND CAN CURB PROBLEMS LIKE POVERTY, HUNGER, SUICIDES BY FARMERS,TRIBALS...ETC...AND 'CRIME AND NAXALISM'ALSO....JAI HO...VIBHA TAILANG)