World News - Top Headlines And More Here The Biggest Reality of IPL SCAM in India IPL SCAM ,IPL NEWS

0

 World News - Top Headlines And More Here

The Biggest Reality of  IPL SCAM in India IPL SCAM ,MakeMoney



Arthur Morris is one of the greatest left-handed batsmen from Australia
When he was once asked, What did you achieve after playing cricket for so long?

 

He told, Poverty This incident took place during the World War II At this point in time, Arthur Morris used to play in Australia But if you observe today,



 

The situation has completely changed Many popular cricketers from all around the world Are included in the list of millionaires today And the biggest contribution in this revolution Was made by India's first unicorn,

 

Indian Premier League, IPL In the year 2023, The total valuation of IPL has reached $ 11 Billion And last year in the auction for getting the media rights for IPL for a term of five years Disney and Viacom 18 offered $ 6.2 Billion to get these rights If we look according to the per-match valuation IPL is now the world's 2nd largest sporting league Disney and Viacom 18




together have spent INR 107 Crore and 40 Lakh Just imagine that value A place where a tremendous amount of money is involved It can not be escaped from the corruption Not at all In fact, many people say that, IPL was not constituted to improve the level of cricket in India.

 

But to earn huge amounts of money That's why since the inception of IPL It has been revolving around controversies Sometimes spot-fixing is encountered Sometimes drug parties Many times players are involved in physical assaults And some times misbehavior is done with the cheerleaders.

 

There is no limit to such minor controversies around the IPL  The Lalit Modi Saga I am sure everybody must have heard about Lalit Modi and IPL in a single statement once in his life But very few people many about the actual story of the biggest scam encountered in the IPL How a businessman,

 

Become the so-called creator of the world's most popular cricket league According to the BCCI, this businessman was involved in the biggest scam in the same league.

 

The former commissioner of IPL, Lalit Modi has faced a big blow BCCI has banned Lalit Modi for his entire life He was charged with financial irregularities in the IPL Few people have got this type of status, wealth, and respect in the history of the Indian cricket

 

He was not eased by the Supreme Court and then immediately he was banned by the BCCI for his entire life But with his excellence and talent, he has completely changed the face and pace of cricket in India.

 

Look, before knowing what is the biggest scam in the IPL? You should know that The person who has been charged with these allegations, Lalit Modi Who is Lalit Modi? Only then you can know how this whole plan was executed by him And for how long was the planning done? Lalit Modi was born in the year 1963 He took birth to a leading business family The whole life of Lalit Modi is very turbulent and has always revolved around scandals For example after the Bishon Cotton School, Shimla.

 

When he was admitted to St. Joseph's College, Nainital in the year 1971 He was highly influenced by the movies Once in bunked his classes to watch the movie Red Rose featuring Rajesh Khanna And due to this, he was expelled from the college After some years he went to the US to pursue  Electrical Engineering and Business administration

 

Before he could complete his graduation He was charged with serious allegations like cocaine trafficking, second-degree assault, and kidnapping He was arrested and put behind bars for two years Later on, his punishment was reduced But the next year he returned to Delhi And joined his family business His family business was not any mediocre business Godfrey Phillips India Limited It is a part of his family-run Modi enterprises.

 

In India, many products are sold by this company like Cigarettes, Candies, Chew Gums, Pan Masala, etc

 

Brands like Cavenders, Four Square, Marlboro, Red and White, and Jaisalmer are associated with this company.

 

Everything was going smoothly till the year 1993 But Lalit Modi thought of starting something of his own In the years 1993, Lalit Modi established Modi Entertainment Network Its primary job was to broadcast foreign channels in India Some of those channels might even be among your favourites Disney, Fashion TV, and ESPN to name a few Modi Entertainment Network got the rights to broadcast many such channels in India.

 

But still, this business could not become highly successful And this company was shut down After this, he started the business of online lottery in Kerala But that too could not perform well Now after encountering many failed businesses Lalit Modi thought to do something completely out of the box Now, he made a plan to sell a concept And this concept was converted into IPL later on Look, Lalit Modi was highly fond of sports And he had already watched sporting leagues like NBA, NFL, and MLB while staying in the US And when he returned to India,

 

He thought of doing something similar to cricket in India Cricket is the most popular sport in India It is celebrated in India like a religion And all the cricket fans have a similar feeling We would even sacrifice our lives for it What are you talking about?

 

People even murder their friends to decide who is better Virat Kohli or Rohit Sharma

Lalit Modi took advantage of exactly this In the year 1995, Lalit Modi pitched the idea of conducting a 50-over cricket tournament to the BCCI But BCCI did not approved this idea And after this idea was rejected, Lalit Modi understood that If I want to establish a league of my own then,

 

I should hold a strong position in the BCCI After this Lalit Modi made a Master planLalit Modi started working on his master plan in the year 1999 He was elected to a significant position in the Himachal Pradesh Cricket Association But before he could gain full control of this Association

 

The Cheif Minister of Himachal Pradesh dethroned Lait Modi from his position Lalit Modi tries once more,

 

He became the vice president of the Punjab Cricket Association in the year 2004 But he could not succeed even here After this, he looks at RajasthanAt that time Vasundhara Raje was the Cheif Minister of Rajasthan Lalit Modi establishes a connection with Vasundhara Raje through one of his school friends Bina Kilachand With this Lalit Modi becomes one of the closest associates of Vasundhara Raje And the very next year i.e. 2005.

 

The Rajasthan government passes a sports act It benefitted Lalit Modi And then finally, Lalit Modi wins the presidential election of the Rajasthan Cricket Association with only 1 extra vote And becomes the president of the Rajasthan Cricket Association After this, he became close to Sharad Pawar who was a leader of the Nationalist Congress Party Lalit Modi helped Sharad Panwar defeat Jagmohan Dalmia in the presidential election of BCCI.

 

And eventually, Lalit Modi was appointed as the Vice President of the BCCI Now Lalit Modi had the power to pursue his dream of IPL through the BCCI Now he only has to capitalize on the trust of the Board Members of the BCCI And for this, he gets heavily involved in the commercial side of BCCI

 

He brought many changes in the cricket Advertisements and overall administration That's why during the years 2005-08, The revenue of BCCI experienced growth of seven times And the revenue reached the value of $ 1 Billion And through this, Lalit Modi was able to make an impact on the minds of the board members And now his plans would be approved on a priority basis.

 

After this, he once again pitched his idea of conducting the IPL And it was accepted in no time And finally, in the year 2008, Indian Premiere League was launched Lalit Modi already had a great business acumen He knew how to link business with cricket.

 

And how to make it a successful business After this, he started associating businessmen and Bollywood actors with the IPL On one side Bollywood celebrities like Shahrukh Khan, Preity Zinta, Shilpa Shetty, and Juhi Chawla were associated with the IPL And on the other hand businessmen like Mukesh Ambani and Vijay Mallya were attracted to the IPL And as a result, IPL was a huge success in even its year of inception.

 

But allegations of planning something else behind this success of IPL were made against Lalit Modi Allegations of carrying out scams in the BCCI since the beginning of IPL were made against Lalit Modi

 

But these things became public for the first time when Lalit Modi made some confidential information Public about the Kerala-based IPL team, Kochi Tuskers Kerala through a tweet.

 

And after this, Lalit Modi was surrounded by heavy investigations We got to know from that tweet by Lalit Modi that Sunanda Pushkar was a part of the equity holders in the franchisee Kochi Tuskers Kerala.

 

At that time, she was a close friend of Shashi Tharoor who was the External Affairs Minister of India.

 

And later on, they became Husband-wife As soon as this news caught the eyes of the public Shashi Tharoor was questioned hard And eventually, he had to resign from his post.

 

But after this incident, The golden days of Lalit Modi ended Just after the IPL final of the year 2010 Lalit Modi was terminated from his post of Chairman of the IPL and Vice President of the BCCI.

 

22 different charges were made against Lalit Modi by the BCCI Taking major decisions and bypassing the governing council Not following the procedures properly.

 

Taking bribes for offering broadcasting rights Selling different franchises to his family members Helping friends and close ones to get various contracts in the BCCI Bid rigging, betting, money laundering And many such serious allegations were  made against Lalit Modi by the BCCI After this when Enforcement Directorate, ED started an investigation on Lalit Modi then Many new allegations were made against Lalit Modi Let me tell you some of those Many times Lalit Modi violated the Foreign Exchange Management Act And made illegal transactions worth INR 89 Crores Lalit Modi accepted a deposit of INR 20 Crores illegally from Emerging Media which is a UK-based company.

 

When IPL was conducted in South Africa for the first time in the year 2009 A deal worth INR 243 crores was done between BCCI and Cricket South Africa But the way through which Lalit Modi transferred this amount.

 

Was a violation of the FEMA Apart from this, Lalit Modi transferred an amount of $ 80 Million to World Sports Group to withdraw their Broadcasting Rights This literally does not make any sense But later on, ED found that $ 25 Million were transferred to the accounts of his closed associates and political beneficiaries.

 

Apart from this, in the first IPL player auction of the year 2008 Information was passed to the bidders about the amount of bid He deliberately lowered the cost of the Rajasthan Royals Franchise

After this, the Brother in law of Lalit Modi, Suresh Chellaram purchased the majority of the stakes in this franchise And this benefitted Lalit Modi directly As soon as the investigation process began for all these allegations in the year 2010.

 

Lalit Modi knew that he could not escape now And on 15th May 2010, Lalit Modi flew to London And never returned back to India.

 

But the shocking fact is that even while staying in London He was never separated from the Cricket Administration and politics in India.

 

In fact, till the year 2015, he stood as the president of the Rajasthan Cricket Association But when he was living a luxurious life in London Many new allegations were getting established against Lalit Modi.

 

In the year 2013, a Jaipur-based lawyer Poonam Chand Bhandari claimed by filing a PIL in the Delhi High Court that Vasundhara Raje and her son Dushyant Singh were immensely benefitted from Lalit Modi through one of his shell companies She claimed in this PIL that Lalit Modi through his shell company acquired the shares of the company of Dushyant Singh which had a value of INR 10In whooping INR 96,000.

 

Many more controversies were alleged against Lalit Modi The passport of Lalit Modi was revoked during the government of INC in India But Delhi High Court restored his passport in the year 2014.

 

When his wife Minal Modi was getting treated for breast cancer in Portugal Allegations of issuing travel documents to Minal Modi were made against Sushma Swaraj through which she could travel to Portugal from London.

 

People also alleged Sushma Swaraj for helping Lalit Modi because The husband and daughter of Sushma Swaraj were associated with Lalit Modi professionally And have also represented them in the courts Lalit Modi is always part of the headlines Recently he made his relationship public with miss universe of the year 1994, Sushmita Sen Huge chaos was created by this He even updated his Bio on social media accounts And about 1-2 weeks ago,

 

He was scolded by the Supreme Court of India for his tweets Supreme Court has asked Lalit Modi to apologize One thing becomes crystal clear through this Lalit Modi saga From cricket administration to politics In spite of serious allegations being made against Lalit Modi

 

He is living a luxurious life in London Isn't this weird? A question arises, Why no action has been taken against Lalit Modi? Why only Lalit Modi?

 

You can prepare a list of many such people including Lalit Modi and Nirav Modi Many big allegations were made against these people But later all these people started living in London.

 

In fact according to many reports, Between the years 2013 to 2018 In a span of 5 years, 5500 such fraudsters have flown to the UK from India But why?

 

It has an answer,To achieve Political Asylum It is very easy to achieve for these people in the UK If you once fly to the UK Without the permission of authorities in the UK Your return to India is almost impossible If the courts in the UK feel that If a country is making a request for the extradition of a person,

 

This means if any country is requesting for making any person return to his home country He might be tortured there Or he might be sentenced to death Hence these types of requests are denied by the courts of the UK.

 

If any country is making a request for extradition for some political reasons Usually, these types of requests are also denied There lies one more reason The golden visa system in the UK.

 

This means you are a big fraudster, murderer, or even terrorist And you have made an investment worth £ 2 Million then You are directly offered a golden visa in the UK And after this, your return to your native country becomes almost impossible.


 But the UK does not have this law for the entire world For example, if you take the example of the US then The US had made 130 such requests to the UK to extradite its fugitives But the UK has approved 120 such requests This means the Indian Government is not able to pressurize the government of the UK properly.

 

This has two conclusions We could not pressurize the UK properly And the UK is not treating every country in the same manner That's why many fraudsters from India.

 

Immediately flies to the UK And lives a luxurious life there So this was the complete story about the biggest scam in the IPL.

                   Trending News - Latest News Headlines

 

Tags

Post a Comment

0 Comments
Post a Comment (0)
To Top