Home News I would give more money than the B...
Tuesday, 27 April 2010 22:37

I would give more money than the BCCI, if lalit Modi wanted to develop a franchisee for the Modi group : KK Modi

E-mail Print PDF


New Delhi, April, 27 : Suspended Indian Premier League (IPL) chief Lalit Modi can count on home support as he fights allegations of corruption. His father supports him, but also has some advice.

“Most of the people who have invested (in IPL) have (done so) because they knew Lalit - they invested in Lalit. Who will be such people? Either they will be friends or relatives,” said industrialist K K Modi, 73.

The businessman, who heads the Rs 3,500-crore Godfrey Phillips India group, the makers of Marlboro, Four Square and Red & White cigarettes, said the allegations against his eldest son could be related to his “lifestyle” but that was his private matter.

“I think most of the allegations are arising from his lifestyle (but his) lifestyle is not dependent on IPL. My younger son will also have similar lifestyle, so that is coming from the Modi family,” he said.

The Modi family patriarch said he had advised Lalit against resigning from his IPL post when allegations were being made against him and he was under pressure to quit.

“My only advice to him was 'you don't resign’-- don't resign after you have been accused. Because if you resign you admit (to the accusations),” he said.

"I think he (Lalit) has a different method of working. He worked for IPL as if he is working for a private company. He was running the business to compete with the ICL (Indian Cricket League).” K K Modi said his son, as the chairman and commissioner of the IPL, was like a company CEO and could not possibly take approval for each and every matter of the league. This was in response to allegations that Lalit didn't brief the BCCI before taking important decisions.

The industrialist praised his son for developing "very great expertise" in running the IPL. He said he would give his eldest more money than the BCCI if he wanted to develop a franchisee for the Modi group.

The Indian cricket board suspended Lalit, 46, on Sunday night and served him with a show-cause notice which accuses him of corruption and nepotism in bidding and management of the league.

The BCCI announced the decision against Modi immediately after the final match of the third IPL season in Mumbai, saying he had "brought a bad name to the administration of cricket and the game itself."

Modi has said little after his decision and is reportedly considering his legal options.


Add comment

1. Coastaldigest.com reserves the right to delete or block any comments.
2. Coastaldigset.com is not responsible for its readers’ comments.
3. Comments that are abusive, incendiary or irrelevant are strictly prohibited.
4. Please use a genuine email ID and provide your name to avoid rejection.

Security code
Refresh (click the refresh link if image is not clear)

In the News


Mangaluru, May 24: Talent Research Foundation, Mangaluru, in association with CIGMA ...


Mangaluru, May 24: Dr Ashwini S Shetty, NSS co-ordinator of Yenepoya University has been ...


Mumbai, May 27: Bollywood play back singer Sonu Nigam, who is known for his controversial ...

[11 Comments] Read

Bengaluru, May 27: As many as 17 pre-university (PU) colleges across the State will be ...

[2 Comments] Read

Kasargod, May 24: Hundreds of Kannada linguistic minorities picketed the District ...

[9 Comments] Read

Bengaluru, May 24: Rubbishing the allegations that state government had not paid salary ...


Bengaluru, May 24: Nobel Peace Prize winner and Tibetan spiritual leader, the Dalai Lama, ...


Mangaluru, May 24: ICT Academy is an initiative of the Government of India in ...


Mangaluru, May 24: The two youths from Mangaluru taluk, who were languishing in a sheep ...

[3 Comments] Read

Belagavi, May 24: Urban Development Minister Roshan Baig said here on Tuesday that the ...


Gadag, May 24: State BJP president B S Yeddyurappa on Tuesday charged that 7 tmcft of ...


Bengaluru/New Delhi, May 24: The Congress’ move to interact with the district-level ...


Bengaluru, May 24: A policeman working in the chief minister’s home office reportedly ...


Mangaluru, May 23: The Ullal Police on Monday arrested two persons, said to be workers at ...


New Delhi, May 23: Self-styled godman Chandraswami, who was one of the most powerful and ...

[8 Comments] Read