Banner
Banner
Banner
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
Share

kkm

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

land.jpg

Bengaluru, Mar 24: An amendment bill aimed at facilitating the grant of certificate of ...

ipl.jpg

Mumbai, Mar 24: The Enforcement Directorate today issued a show-cause notice to actor ...

mallya.jpg

New Delhi, Mar 24: The UK has conveyed to India that its request for extradition of ...

kid.jpg

Thiruvananthapuram, Mar 24: A 14-year-old boy from Kerala has become a father, after ...

Cauvery2.jpg

Bengaluru, Mar 24: Karnataka today said there is no question of releasing Cauvery water ...

bahrain.jpg

New Delhi, Mar 24: In line with the trouble faced by Indian workers in the Gulf, a large ...

Madrasa.gif

Kasaragod, Mar 24: The special investigation police team has arrested three suspected ...

[3 Comments] Read
arrested.jpg

Bantwal, Mar 24: A rowdy-sheeter has been arrested by the police in connection with ...

blackmoney.jpg

New Delhi, Mar 24: The Income Tax department today warned black money holders that it has ...

pistolthieves.jpg

Bengaluru, Mar 24: Two persons from Mangaluru taluk including a teenager have been ...

Minister.jpg

Bengaluru, Mar 24: Asserting that his government has taken stringent steps to check drug ...

pancard.jpg

New Delhi, Mar 24: As you must be aware by now that your Aadhaar card is mandatory for ...

angana_1.jpg

Bengaluru, Mar 24: The four-day strike at Freedom Park by anganwadi workers and helpers ...

krishnasm.jpg

New Delhi, Mar 24: The Congress on Thursday said internal efforts are on in the party to ...

mbtrain.jpg

Bengaluru, Mar 24: Railway Minister Suresh Prabhu is expected to flag off the train ...

Banner
Banner
Banner
Banner
Banner
Banner
Banner
Banner
Banner