IPL Scam or IPL Gate: Lalit Modi to launch his own cricket IPL or Indian People’s League

 

According to reliable sources from within the Lalit Modi camp, it is possible that Lalit Modi and his cronies may be planning to launch their own version of the IPL or the Indian Premier League. The name doing the rounds for the new cricket body is the Indian People’s League – a name that Lalit Modi had used during one of his last official speeches as IPL Commissioner and IPL Chairman. Will the Lalit Modi camp be able to register or official use the same or similar name will remain to be seen.

 And supporting Lalit Modi is none less than the patriarch of the Modi group and Lalit Modi’s father K K Modi. In an interview to CNN-IBN, K K Modi said that if the BCCI gave Lalit Modi something like Rs 200 crore to start the IPL, he was willing to invest double that amount or Rs 400 crore to start a similar or parallel league.

IPL gate: Lalit Modi still IPL Commissioner and IPL Chairman on BCCI website

 

 

By Flynn Remedios – Futuristic Media Network

Lalit Modi will surely be grinning from ear -to-ear on this one, while Shashank Manohar and his camp at the BCCI would be red faced, cross and angry. 

Almost 48 hours after it suspended Lalit Modi as IPL chairman and IPL Commissioner and barred him from attending the governing council meeting, the BCCI has still to make the requisite changes to their website and all the relevant related websites. Lalit Modi still appears as IPL chairman and IPL Commissioner on most the official BCCI , IPL and related websites. 

Lalit Modi’s tweets on Twitter as the chairman and IPL commissioner also appear on the home page of the IPL website through an RSS feed.

Lalit Modi: “Mera Pass Papa Hein”

A similing Lalit Modi in spite of his suspension as Commissioner and Chairman of the IPL, by the BCCI governing council must surely be saying, “Mera pass Papa hein”, even as Ratnakar Shetty began his probe into what has now come to be known as IPL gate.

BCCI President Shashank Manohar washed his hands off all liability for Lalit Modi’s alleged wrong doings by saying that “you don’t expect us to come and sit here all day long”. He also said that some papers pertaining to the bids and other crucuial, sensitive and confidential matters were missing.

 

READ THE FULL STORY HERE OR CLICK ON THIS LINK

http://futuristicmedianetwork.wordpress.com/2010/04/27/iplgate-k-k-modi-family-support-lalit-modi-lalit-modi-legal-inheritor-successor-of-godfrey-phillips-india-gpi/

IPLgate: K K Modi, family support Lalit Modi. Lalit Modi legal inheritor, successor of Godfrey Phillips India (GPI)

Lalit Modi must be one happy man. He can definitely say, “mere pass papa hein”. And without any doubt for Lalit Modi’s family including his father K K Modi have openly come out in support of their own blood.

 

Here’s what the Economic Times has to say:

Putting to rest persistent reports about strained — even estranged — relations between himself and his son Lalit Modi, industrialist K K Modi sprang to his son’s defence on Monday and declared that the 46-year-old would succeed him as head of the Rs 3,500-crore group’s flagship company, Godfrey Phillips India (GPI), the makers of Marlboro, Four Square and Red & White cigarettes.

‘‘ Lalit is the seniormost member of the K K Modi family , he is meant to take over the business,’’ the 73-year patriarch told TOI. Lalit is, at present, an executive director in GPI. Modi senior, however, did not have a date in mind for the succession.

It’s clear that K K Modi is putting his weight behind his son, who has dominated headlines for the past few weeks, mostly for the wrong reasons. ‘‘Lalit is the most brilliant and intelligent member of the family and has created something no one has been able to do so far,’’ he said, referring to the IPL. ‘‘I only wish he had done it for the K K Modi group.”

‘IPL good for Brand Modi’

Ousted IPL Commissioner Lalit Modi has some good news coming his way: Papa K K Modi — who heads a Rs 3,500-crore group — backs him. The 73-year-old patriarch declared Lalit as his rightful inheritor on Monday. Doesn’t it bother him that his eldest son spends so little time on the family business, something that earlier used to worry him? ‘‘I actually encourage it now because it benefits the business through better branding. Thanks to his association with IPL, he has created a network of the rich, famous and influential, which can always be utilized whenever business opportunities crop up for the Modi family.’’

Modi senior sounds doting as he proudly recounts how during his recent visit to Australia , he was introduced as Lalit Modi’s father. ‘‘ I’m wellknown in my age group, but for him it’s across all ages.’’

Modi has another interesting take on Lalit’s limited role in the family business: All his three children have been given space to focus on one additional business, which they do separately. So while younger son Samir runs a cosmetic business on his own, daughter Charu (Bhartia ) manages an education business. Similarly, his wife runs a chain of restaurants and a fashion line. ‘‘ So it’s all right if Lalit wants to put time into a business which makes Modi a household name.’’

Interestingly, some other members of the extended Modi family, which once fought acrimoniously, have thrown their weight behind Lalit. TOI spoke to another senior Modi, who said Lalit could do no wrong.

MR MONEYBAGS

As executive director of Godfrey Phillips India, Lalit Modi drew a salary of Rs 50.69 lakh in 2008-09 , according to the company’s annual report As director of Indofil Organic Industries he drew Rs 1.86 lakh He holds 5.89% stake in Savera Industries. The stake is worth Rs 2 crore, based on Savera’s Monday closing price of Rs 61 on the BSE.

Has Lalit Modi gone underground to prepare his next move or has a compromise deal been struck??

Has Lalit Modi gone underground after the BCCI announced an interrim chairman? Apparently all his phones were switched off or not reachable and there was complete silence on Twitter as well. The Modi camp was completely silent and even close associates of Modi were tight-lipped. Or has a compromise formula been worked out between Shashank Manohar, Lalit Modi and the BCCI?

A few random statements by Shashank Manohar during the press conference that followed the governing council meeting would make one think so. Firstly Manohar said “suspension is not a punishment”. He also said that Lalit Modi will be given a hearing and an opportunity to defend himseld and if he offers a resonable explanation, the probe will be dropped or wound up. In other words it looks like a compromise deal has been worked out between the warring parties, say some BCCI sources and BCCI watchers.

 

The script goes like this: Lalit Modi is suspended dramatically by the BCCI to show that the Board has taken stern and decisive action. He is show-caused and given time to reply. The so-called enquiry proceeds on paper with each party going through the rituals.. A new commissioner is appointed and life goes on as usual at the BCCI. A few weeks or months later, the media and the general public forget the entire issue as the controversy dies a natural death. No more heads roll. No more skeletons come tumbling out of the BCCI closets. Lalit Modi lies low for a few months and then re-surfaces in a new avatar. Everybody is a winner in this case. For the record, the BCCI says their enquiry didn’t find any incriminating evidence or solid proof against Modi and he is given the benefit of doubt as the heat evaporates and things cool down. Lalit Modi’s explanation is found satisfactory and eventually as the media and investigating agencies lose interest, Modi is let off the hook. In the end its much ado about nothing, with the press having made a mountain of a molehill.

IPLgate: Secret witch hunt begins as Lalit Modi loyalists at IPL will be sidelined or shown the door

With Lalit Modi’s suspension and the IPL finals complete, a secret witch hunt has been initiated by Lalit Modi’s detractors or should we say by the BCCI top brass to flush out the Lalit Modi loyalists and sympathisers within the IPL. Will CEO Sundar Raman stay or will he be shunted out? It all depends on how he plays his cards. Or rather on how he has been playing his cards the last few months.

While one camp says CEO Sundar Raman is a Modi loyalist, another source says Raman was carefull enough to know on which side his bread was buttered. Another source also suggests that Raman was a some sort of a double agent keeping all his masters happy. Let’s see how the cookie crumbles. Or how the bells toll and for whom? Either way expect a few more heads to roll in the next few days both at the IPL office and the BCCI, as more skeletons come rumbling out of the closets.

IPL Scam or IPL Gate: Lalit Modi says BCCI is afraid of the truth!!!!

 

Responding to the email from the BCCI suspending him for six months from the affairs of the BCCI board, the IPL and other activities, Lalit Modi said that the BCCI is afraid of the truth.

“How can I now attend the BCCI governing council meeting on Monday morning when I am suspended? What are they afraid of, asked Modi.

Who is Roshan Abbas? asks Lalit Modi as actor threatens to sue Modi for plagiarism

 

Lalit Modi has denied all the allegations made by actor, director, producer and event manager Roshan Abbas. Who is Roshan Abbas?, asked Lalit Modi when queried about the allegations. According to news reports, Abbas is furious with Modi for stealing their concepts. 

There is more trouble brewing for beleagured and now suspended IPL commissioner and IPL Chairman Lalit Modi. Director, Producer, actor and event manager Roshan Abbas has threatened to take Lalit Modi to court alleging plagiarism. 

Says Roshan Abbas in a statement, “We had presented a concept to the IPL Committee last year. The closing ceremony of the IPL finals is uncannily similar to our concept and we will take it up with our group company JWT Group and our legal counsel and then decide on our future steps. 

On TV channel Headlines Today, Roshan Abbas in a live interview said that he will sue Lalit Modi and the organizing committee of the IPL finals for ‘stealing his concept’. According to him, the white mannequin with A R Rahman performing at the closing ceremony was his concept which he has shared with Lalit Modi last year. 

Roshan Abbas is working with Shah Rukh Khan on the film Always Kabhi Kabhi.

 

 

 

 

 

 

IPL gate: Lalit Modi’s arbitrary suspension bad in law, say legal experts

More than one legal expert in Mumbai and Delhi reacted with shock at the arbitrary and haphazard way in which the BCCI issued the suspension or sacking notice via email to Lalit Modi, within minutes of the last IPL match or the finals.  

According to the legal eagles, the BCCI should have waited till early morning to issue the notice. “It was almost past midnight. A show cause notice issued at mid night reeks of high handedness and arrogance. They could have sent the notice at 8 am, but at 1 am seems a bit too much. If it was so urgent or so serious then the BCCI should have issued the notice on Sunday evening itself. 

A senior counsel from Mumbai on condition of anonymity said, “If they (the BCCI) could wait till the finals were over, they could have waited for one more night. It’s sad for cricket in India, when the administrators of the sport play such dirty games. It is not possible that the alleged wrongdoing or misdeeds could have been done or undertaken by Lalit Modi without the knowledge or even subtle approval of some other senior members or governing council members.

Meanwhile news reports suggested that Modi has been given 15 days time to reply to the BCCI suspension notice. As a result of his suspension, Lalit Modi cannot attend the BCCI governing council meeting on Monday morning. According to a report by IANS:

After suspending Lalit Modi as vice president of Board of Control for Cricket in India and Indian Premier League’s chairman and commissioner, board president Shashank Manohar Monday said alleged acts of “individual misdemeanours” of Modi have brought a bad name to the administration of cricket.

Manohar also issued a show cause notice to Modi asking him to explain within 15 days why he should not be suspended.

“The events of the last few days have thrown up lot of sad and unfortunate developments,” Manohar said in a press statement in the early hours Monday.

“While we rejoice and celebrate the great success of IPL season 3, the alleged acts of individual misdemeanours of Mr.Lalit Modi, Chairman IPL and vice president, BCCI, have brought a bad name to the administration of cricket and the game itself.”

Manohar said that he waited for the IPL to conclude before taking any action against Modi because he did not wanted to “disrupt” the tournament.

“Immediately after the conclusion of the IPL final, the BCCI secretary, Mr. N. Srinivasan has in consultation with me issued a show cause notice to Lalit Modi under Rule 32 (iv) calling upon him to show cause within 15 days why disciplinary action should not be taken against him.”

“Simultaneously in exercise of the powers vested in me under Rule 32 (vii), I have suspended Mr. Lalit Modi 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,” Manohar said.

 

IPL scam: Director, producer and actor Roshan Abbas threatens to sue Lalit Modi, IPL finals committee, alleging plagiarism

 

There is more trouble brewing for beleagured and now suspended IPL commissioner and IPL Chairman Lalit Modi. Director, Producer, actor and event manager Roshan Abbas has threatened to take Lalit Modi to court alleging plagiarism.

Says Roshan Abbas in a statement, “We had presented a concept to the IPL Committee last year. The closing ceremony of the IPL finals is uncannily similar to our concept and we will take it up with our group company JWT Group and our legal counsel and then decide on our future steps.

On TV channel Headlines Today, Roshan Abbas in a live interview said that he will sue Lalit Modi and the organizing committee of the IPL finals for ‘stealing his concept’. According to him, the white mannequin with A R Rahman performing at the closing ceremony was his concept which he has shared with Lalit Modi last year.

Roshan Abbas is working with Shah Rukh Khan on the film Always Kabhi Kabhi.