Ethics Officer rules Laxman, Ganguly have to choose between Cricket Advisory Committee, IPL roles

New Delhi, Feb 5: IPL franchise Kolkata Knight Riders (KKR) has denied any financial dealings with the controversial Rose Valley Group except for it being a sponsor of the side's official jerseys in 2012 and 2013.

KKR issued the clarification after the Enforcement Directorate (ED) attached Rose Valley's assets worth over Rs 70 crore on Monday. The attached assets include Rs 11.87 crore bank deposits of Knight Riders Sports Pvt Ltd, that owns KKR, in connection with a money laundering probe.

The franchise said it hopes for the matter to be resolved expeditiously.

"Rose Valley Hotels was one of KKR's IPL jersey sponsors for IPL seasons 2012 and 2013. Rose Valley had paid KKR an approx. amount of Rs 11.87 crore as sponsorship fees," KKR CEO Venky Mysore said in a statement.

"KKR had no other dealings with the Rose Valley Group including Rose Valley’s micro finance business," he added.

The statement added that in July last year, KRSPL (Knight Riders Sports Pvt Ltd), received a "witness summon" from the ED in connection with an investigation relating to the Rose Valley Group, particularly its micro finance business.

"The ED continues the investigation of Rose Valley. KKR continues to cooperate with the authorities in all respects," Mysore said.

"As part of the investigative process, sometime in October 2019, the ED placed a lien on the said amount earlier paid by Rose Valley to KKR," he asserted.

The directors of KRSPL include Shah Rukh Khan's wife Gauri Khan, actor Juhi Chawla's husband Jay Mehta, Mysore and two others.

Mysore was questioned in this case by ED's Kolkata office in October last year.

Apart from KRSPL, the ED attached properties of two other entities -- Multiple Resorts Pvt. Ltd. and Kolkata's St Xavier's College on Monday.

The ED registered an FIR against the Rose Valley group, its chairman Gautam Kundu and others under the Prevention of Money Laundering Act in 2014.

Kundu was arrested by the agency in Kolkata in 2015 and is in judicial custody at present.

The ED has filed multiple charge sheets in Kolkata and Bhubaneswar courts in this connection and total attachments are now worth Rs 4,750 crore.

The group has been charged by the ED and the CBI with "illegally and fraudulently collecting deposits from public with the intention to cheat them by falsely promising high returns on their investment", thereby perpetrating a ponzi-like fraud.

Kuala Lampur, Jan 9: Saina Nehwal and reigning world champion P V Sindhu produced dominating performances to progress to the women's singles quarterfinals of the Malaysia Masters Super 500 badminton tournament here on Thursday.

Sixth seed Sindhu notched up a commanding 21-10 21-15 victory over Japan's Aya Ohori in a pre-quarterfinal match lasting just 34 minutes. It was Sindhu's ninth successive win over Ohori.

The 24-year-old Indian, who won the World Championships in Basel last year, will take on world number 1 Tai Tzu Ying in the quarterfinals after the Chinese Taipei shuttler got the better of South Korea's Sung Ji Hyun 21-18 16-21 21-10.

Saina, who had won the Indonesia Masters last year before going through a rough patch, dispatched eight seed An Se Young of South Korea 25-23 21-12 after a thrilling 39-minute contest to make the last eight.

This is Saina's first win over the South Korean, who got the better of the Indian in the quarterfinals of the French Open last year.

The two-time Commonwealth Games champion will next take on Olympic champion Carolina Marin.

Saina had defeated Lianne Tan of Belgium 21-15 21-17 in the opening round on Wednesday.

In the men's singles, India's challenge ended after both Sameer Verma and HS Prannoy crashed out in the second round.

While Verma lost to Malaysia's Lee Zii Jia 19-21 20-22, Prannoy was shown the door by top seed Kento Momota of Japan 14-21 16-21.

New Delhi, Jan 16: Board of Control for Cricket in India (BCCI) on Thursday condoled the demise of India's super cricket fan, 87-year-old Charulata Patel.

"#TeamIndia's Superfan Charulata Patel Ji will always remain in our hearts and her passion for the game will keep motivating us. May her soul rest in peace," BCCI tweeted.

Patel had made herself a household name after turning up for India's matches during the 2019 World Cup.

She went on to storm social media after she was seen cheering for the Men in Blue during their World Cup clash against Bangladesh.

After the match, the entire Indian side went to meet Patel and both Rohit Sharma and Virat Kohli were seen meeting the octogenarian fan.

"I am a very religious person and have so much trust in God. So, when I pray, it comes true and I am saying that India is going to get the World Cup, definitely," Patel had told ANI during the World Cup.

The 87-year old had caught everyone's eyes when she was ardently cheering for the Indian team when they were batting.

Patel had also stated that she was there in the stadium when India lifted their first World Cup, back in 1983, under the leadership of former cricket Kapil Dev.

"I have been there. When they won the World Cup, I was so proud, I started dancing. And today also, I told my granddaughter that when India is going to defeat Bangladesh, I am going to dance," she had said.

"I have been watching cricket for decades. When I was in Africa, I used to watch it, then I came to this country in 1975. Here I had work because of which I did not get time to watch but I used to watch it on TV. But nowadays as I am not working, so I have the interest and I am very lucky that I get a chance to watch cricket," she added.