SachDan Posted April 19, 2010 Share Posted April 19, 2010 New Delhi: IPL Commissioner Lalit Modi is certain to lose his job. Sources tell CNN-IBN the Indian cricket board will ask him to resign from his post on April 26. The top officials of BCCI are to meet in Mumbai on April 23. IPL franchise owners have been asked to attend the meeting from which Modi will be excluded. Sources say if Modi doesn't step down, then BCCI will convene special annual general meeting to oust him. Sources say BCCI President Shashank Manohar and secretary N Srinivasan are planning to move a resolution against Modi at the board’s working committee meeting on May 2. The resolution could either reduce Modi's powers in the IPL, or remove him from it altogether. The meeting will discuss allegations against Modi and all other issues related to the Kochi IPL franchise bid. The BCCI working committee meeting would be preceded by a meeting of the IPL's governing council on April 25. "All the allegations (against Modi) and other issues would be discussed in the governing council. The date would be announced soon," said Rajiv Shukla, the BCCI's media and finance committee chairman, in Delhi. But Modi has a tougher opponent in the government. Government sources say the Revenue Secretary and Enforcement Directorate will be briefing Income Tax officials on Monday on how to speed up a probe against Modi. The Enforcement Directorate is likely to soon start an investigation into Modi's foreign transactions. A report in the Economic Times quoting sources says the Income Tax department is in possession of a report, which suggests Modi is allegedly into large-scale betting and money-laundering. Sources also claim that the Income Tax department has sent BCCI a questionnaire with 10 questions on various aspects of the IPL deal. Despite the problems Modi found the time to tweet about the IPL controversy. "Lots in media - speculations. welcome all investigation - ready to extend all cooperation," he posted on Twitter. Modi and IPL: Lalit Modi made an advance tax payment of Rs 19 lakh in 2007. In 2008, when the first edition of IPL was launched, the advance tax shot up to Rs 2.5 crore. In 2009, when the IPL was shifted to South Africa, Modi paid Rs 32 lakh as advance tax, but in 2010, the advance tax component has gone upto Rs 11 crore. Link Link to comment Share on other sites More sharing options...
SachDan Posted April 19, 2010 Author Share Posted April 19, 2010 Modi's exit foregone conclusion: BCCI sources NEW DELHI: Lalit Modi's days as the IPL commissioner appear to be numbered as the BCCI's top brass has more or less made up its mind to remove the high-flying administrator who has triggered a political storm and brought the BCCI under the Income Tax scanner. The stand against Modi has hardened over the last few days as the rapidly-developing events surrounding Kochi franchise's stakeholding pattern has opened a pandora's box about financial irregularities in the IPL. Modi himself is under fire for allegedly helping his family and friends buy stakes in various IPL teams. His tweets about Kochi's shareholding created a political storm as it emerged that minister of state for external affair Shashi Tharoor's close friend Sunanda Pushkar had a sweat equity worth Rs 70 crore. Tharoor had to resign, while Pushkar also gave up her stake in Kochi franchise. "Modi's exit is a foregone conclusion. The BCCI members are extremely unhappy in the manner in which he brought about this controversy," a top BCCI source said. "Never in the history of BCCI has the Income Tax sleuths raided the offices. It has not only tarnished the image of the Board but has also sullied the IPL brand," the source said. Support for the beleaguered Modi, who is in Dubai to attend an ICC Executive Board meeting, appears to be dwindling within the BCCI. Though heavyweight Sharad Pawar is said to be backing Modi, none of the other bigwigs seem to be in the mood to defend him this time around. Tharoor's resignation from the government has also led to intense speculation that the centre would target Modi now and the BCCI does not want to be caught in the cross-fire. BCCI spokesman Rajiv Shukla, however, maintains that the issue will be discussed and reports of Modi being downsized are a mere media speculation. "All the allegations (against Modi) and other issues would be discussed in the Governing Council meeting. "BCCI Working Committee meeting has been postponed to May 2 because all things have to be discussed in the Governing Council meeting first. There is no point in having a Working Committee meeting before that," added the BCCI Media and Finance Committee chairman. The Governing Council meeting is expected to be held on April 26, a day after the final of the IPL. No date has yet been officially announced. Modi detractors have already prepared the groundwork to ease him out of the commissioner's post. There has also been talk of passing a resolution in the council meeting to remove him but no confirmation could be obtained. link Link to comment Share on other sites More sharing options...
b555 Posted April 19, 2010 Share Posted April 19, 2010 :hysterical: all ends up for him jaisin karni waisin bharni Link to comment Share on other sites More sharing options...
b555 Posted April 19, 2010 Share Posted April 19, 2010 Government says all aspects of IPL under scrutiny Cricinfo staff A day after the resignation of Indian minister Shashi Tharoor, the IPL and the BCCI remain at the centre of a growing political and financial controversy that echoed in the national Parliament. Amid a growing call for closer regulation of cricket in India, and reports of various government agencies investigating the IPL's financial transactions in a coordinated operation, the BCCI has rescheduled its working committee meeting to May 2. more... http://goo.gl/qjus Link to comment Share on other sites More sharing options...
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