Sunday, April 25, 2010

BCCI president Shashank Manohar waited until the end of the IPL final on Sunday to announce Mr Modi's suspension.

  Lalit K. Modi to be charged for fraud, money laundering which he denies !


Indian cricket board suspends the popular Twenty x 20 Indian Premier League (IPL) chief Lalit Modi for 'corruption'

Mr Modi, who is being investigated by tax officials, denies all allegations of wrongdoing made against him.

Denial is nothing new.  Every crook and criminals have always denied all allegations of wrongdoing made against them.

Some of the world's top cricketers play for the lucrative IPL.

BCCI president Shashank Manohar waited until the end of the IPL final on Sunday to announce Mr Modi's suspension.

"The alleged acts of individual misdemeanours of Mr Lalit K Modi... have brought a bad name to the administration of cricket and the game itself," he said in a statement.

Mr Modi was suspended from "participating in the affairs of the Board, the IPL, the Working Committee and any other Committee of the Board of Control for Cricket in India".

He was given 15 days to demonstrate why disciplinary action should not be taken against him.

The BBC's Soutik Biswas in Delhi has described it as the worst crisis in Indian cricket since a match-fixing scandal involving senior national players in 2000.

In Sunday's final in Mumbai, Chennai Super Kings beat the Mumbai Indians by 22 runs but correspondents say events on the field in Mumbai were overshadowed by the continuing allegations of corruption and money-laundering.

Mr Modi's suspension means he cannot attend Monday's BCCI meeting and he reacted to the news defiantly.

"Good for them," he told Indian TV channel NDTV. "Are they so scared of me attending? Are they so scared of the truth?"

[[[  This rash statement exposes ignorance and impoliteness of Lalit Modi and that makes him unsuitable to hold any important public post ]]]

Earlier, in an address to the crowd after the IPL final, he insisted the league was "clean and transparent".

"I reassure you that if there have been any flouting of the rules and regulations or if there have been any irregularities, I shall take full responsibility," he added.

[[[ Of course he has to take responsibility --  He will be made to accept full responsibility at the Inquiry -- Money laundering has been on for quite a while and large sums of monies and political pressures too are involved ]]]

The crisis erupted after Mr Modi revealed on his Twitter account that the girlfriend of Shashi Tharoor, a junior government minister, had invested in a consortium awarded a new IPL franchise in Kochi.

[[[ Lalit Modi behaves like a spoilt child --  In fact,  he is !  --  Too much money,  too soon !  --  A corrective sentence will cut him down to size !! ]]]

That revelation caused a storm which sparked Mr Tharoor's resignation and also led to government investigations into the teams, sponsors, broadcasters and event managers associated with the IPL.

The IPL has become a multi-billion dollar industry, which attracts some of India's wealthiest businessmen and women.

[[[ A combination of two maxims brought Lalit K. Modi to the beginning of his end  --- 

Money is the root of all evils  -- 

Power corrupts  --  Absolute power corrupts absolutely.

Modi thought he was the '' King '' --  all the while he was playing the character of  ''Pauper'' !.

BBC full report is here  http://news.bbc.co.uk/2/hi/south_asia/8643302.stm

Posted via email from What's New in Internet Today !

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