by Guest
4/21/2010 2:39:00 AM
It all started with Shashi Tharoor and his girl friend (Sunada Pushkar) when Modi laid bare Kochi Franchisees Share Holding Pattern. Ms. Pushkar has offered to let go of her seat equity and Tharoor lost his job. Once the Govt. put IT sleuths on Modi’s trail, his detractors who were overawed by the clout he had managed to generate, grabbed the opportunity to hit back, by laying bare his wheeling and dealings.
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Its common knowledge that everyone in India looks to make a fast buck under-hand. Including those who level allegations. Neither politicians, taxmen or those from media can claim to be angels. As long as the curtain is down all are happy with “giving and taking”!
Unfortunately, Modi has unwittingly raised the curtain, letting all and sundry to have a ball on the stage! So what are the charges and allegations currently floating around? Here they are, for a quick read! · Were the Bids for IPL Franchisees rigged in 2008 and the rigging allowed Modi’s relatives to own Rajasthan Royals and Kings XI Punjab, both of which were grabbed at very low price compared to other teams? · Modi’s brother-in-law Suresh Chellaram is the largest stake holder in Rajasthan Royals with whopping 44.15% · Mohit Burman who co-owns Kings XI Punjab is brother of Modi's stepson-in-law Gaurav Burman · How did IPL/BCCI’s lucrative contract for digital media distribution to “Live Current Media” go to GCV and eventually ended up with GCV Mauritius which is run by none other than Gaurav Burman! · How come Akash Aurora, a very close friend of Modi, manage to get a stake in Kings XI Punjab. ·
How could Akash Aurora mange to get into “Live Current Media” through his firm Netlinkblue and form GCV? · How could Modi object to Ms. Sunanda’s presence in Kochi team when he could brush aside allegations of his relatives getting in by statements like “They are all businessmen and they sensed a business opportunity in the IPL.” And “There is no direct link to prove that I have a vested interest in protecting my son-in-law's interests. What can I do if my son-in-law is a director of a company?" Obviously, its all fine if relative involved are that of Mr. Modi? · Who pocketed the $80Million(~360Crores) commission paid by MSM to WSG after Modi brokered out of court settlement regarding TV and broadcast rights? Did not the money flow back to Modi? · What were the sources of funds raised by Franchisees? Were they converting slush black money into white? And was IPL a willing partner in crime? · Has IPL/BCCI recorded all revenue and paid taxes on that? · Were IPL contracts under-stated and hefty kick-backs routed to people involved? · Are various contracts being placed on “friends and relatives” by sharing insider information including leaking of bid amounts · Were the US$ 1 Billion Net Worth and US$ 100 Million Bank Guarantee conditions for 2010 IPL Team bids, set to blank out other bidders and help Modi’s business friends Adani and Videocon? · BCCI smelled a rat and diluted the conditions, which resulted in Kochi and Sahara beating Adani and Videocon. While, IPL got higher bids, was Modi bent upon trying to get at least one of Adani or Videocon into the IPL league by pushing out Kochi?
Read More and all Allegations at: View More at: Complaints India – Sport Complaints (http://www.complaints-india.com/article-IPL-Mess-10009.php)
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