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

23bhrapid2.jpg

Bantwal, Jun 23: The Dakshina Kannada district police claimed to have made headway in ...

deepika.jpg

Kasaragod, Jun 23: A rousing reception was accorded to M. Deepika, a Plus 2 Science ...

thiru.jpg

New Delhi, Jun 23: The government on Friday announced names of 30 more cites to be ...

churi.jpg

Bengaluru, Jun 23: The family of Manjunath Churi (26) from Karnataka’s Bagalkot, who ...

Arnab_G.jpg

New Delhi, Jun 23: Anti-nuclear activist S P Udayakumar, known for his protests against ...

qatar.jpg

Dubai, Jun 23: Saudi Arabia and other Arab countries that have cut ties to Qatar have ...

bandiramesh.jpg

Ballari, Jun 23: District BJP ST Morcha vice-president Bandi Ramesh, a criminal facing ...

ravi2.jpg

Bengaluru, Jun 23: The Legislative Assembly on Wednesday adopted recommendations made by ...

YML.jpg

Thrissur, Jun 23: The Kerala police have seized fake currency and printing machines from ...

[3 Comments] Read
Gold.jpg

Bengaluru, Jun 23: Congress leader and prominent businessman K P Nanjundi has ...

pvtbill.jpg

Bengaluru, Jun 23: The Legislative Assembly secretariat on Thursday set up a 17-member ...

Tewari.jpg

Lucknow, Jun 23: The mystery behind the death of Karnataka cadre IAS officer Anurag ...

bsy.jpg

Bengaluru, Jun 23: A day after the Congress government announced crop loan waiver up to ...

cricket.jpg

Mumbai, Jun 23: Days after Pakistan hammered a blundering India by 180 runs to lift the ...

[1 Comment] Read
karwar.jpg

Karwar, Jun 22: High alert has been declared around the Project Seabird, Asia's most ...

Banner
Banner
Banner
Banner
Banner
Banner
Banner