IPL 2009: ED slaps Rs 121 crore penalty on BCCI, others for violation of FEMA law

Agencies
June 1, 2018

Mumbai, Jun 1: The ED today slapped a penalty of over Rs 121 crore on the BCCI, its former boss N Srinivasan, former IPLcommissioner Lalit Modi and others for alleged violation of the FEMA law during the T-20 cricket IPL edition in 2009, officials said.

A special director of the central probe agency here levied a penalty of Rs 82.66 crore on the Board of Control for Cricket in India (BCCI), Rs 11.53 crore on its former chairman Srinivasan, Rs 10.65 crore on ex-IPL commissioner Modi, Rs 9.72 crore on former BCCI treasurer M P Pandove and Rs 7 crore on the State Bank of Travancore (now merged with the SBI).

The total penalty amount was Rs 121.56 crore, they said.

The ED was investigating the case for the alleged contravention of the Foreign Exchange Act (FEMA) in transferring over Rs 243 crore out of the country to host the 2009 Indian Premier League edition in South Africa.

The FEMA order stated that this transfer of funds was in alleged violation of the RBI guidelines meant for transferring funds abroad.

The order asked the accused to deposit the fine amount in the government exchequer within 45 days time.

The T-20 IPL cricket tournament, that began in 2008, saw its 11th edition wrapping up recently.

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Agencies
May 25,2020

Chandigarh, May 25: Legendary former hockey player Balbir Singh Senior died in a private hospital on Monday, his family said.

He was 96 years old. His condition was critical for nearly a fortnight.

He was undergoing treatment at Fortis Mohali and was in a "semi-comatose condition".

He was hospitalised on May 8 with high fever and breathing trouble. His COVID-19 test came negative.

Balbir was part of the Indian teams that won gold at the 1948 London Olympics, Helsinki 1952 and Melbourne 1956. His record for most individual goals scored in an Olympic men's hockey final remains unbeaten.

Balbir had set this record when he scored five goals in India's 6-1 win over Netherlands in the gold medal match of the 1952 Games.

He was the head coach of the Indian team for the 1975 men's World Cup, which India won and the 1971 men's World Cup, where India earned a bronze medal. He was also conferred with the prestigious Padma Shri in 1957.

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News Network
May 12,2020

New Delhi, May 12: Virat Kohli's natural talent makes him a cricketing equivalent of Roger Federer while Steve Smith's mental fortitude matches that of Rafael Nadal, said South African swashbuckler AB de Villiers comparing the two contemporary greats.

In an instagram chat with former Zimbabwe seamer Pommie Mbangwa, de Villiers spoke about the two batsmen, who are easily the game's biggest crowd-pullers right now.

"It's a difficult one, but Virat is definitely the more natural ball-striker, there's no doubt about that," de Villiers said during his interaction on 'Sports Hurricane'.

"In tennis terms, I'd say he's more like a (Roger) Federer whereas Smith is like a (Rafael) Nadal. Smith is mentally very strong and figures out a way of scoring runs - he doesn't look natural, but he ends up writing records and doing amazing things at the crease.

"I think mentally, Smith is one of the best I have ever seen. Virat has also scored runs all over the world and won games under pressure," de Villiers,himself a modern day great, said.

De Villiers also felt that when it comes to chasing, Kohli is a shade ahead of Tendulkar.

"Sachin is a role model for both of us (him and Kohli). The way he stood out in his era, the things he achieved and with the grace he did all that is a great example for everyone," de Villiers said.

"And I think Virat will also say that he set the standards for us to follow.

"But personally, in a chase, I'd say Virat is the best I've seen in my life. Sachin was amazing in all formats and all situations, but Virat comes out on top while chasing."

The world knows Kohli as a prolific cricketer but for de Villiers, he is a friend, who has interests beyond cricket and is spiritual at one level.

"He's much deeper than just a cricket player...I think most people realise after a while that there's more to life than just cricket," de Villiers said.

"...Virat's always been a thinker, he experiments (with) a lot of things, he loves trying new things out - gym wise, what he puts in his mouth. He thinks a lot about life after life - what's to come, the different religions, we talk about everything."

De Villiers said that he also shares a great bond with Indian captain's actor wife Anushka Sharma, conversing on a lot of issues including family life.

"We go pretty deep and his missus as well, Anushka, we have very deep conversations, which is fantastic. We talk about children and family. We're waiting for that first little Kohli to come.

"It's a good friendship and we always find a way to talk about cricket as well, but 90 per cent of the time we talk about other stuff. It's refreshing and in the middle of a very intense IPL tournament," he shared.

IPL, for de Villiers, is not just a tournament but also about friendships that he cherishes.

"Obviously, when it comes to the IPL in India, it's been more than friendship," De Villiers said, when asked who his best friends in cricket are.

"Virat obviously - not only during the IPL, we chat throughout the year, which means it's different than just the IPL or cricketing friendship.

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Agencies
January 6,2020

Washington D.C., Jan 6: 'The Irishman,' and 'Two Popes' were shut out from the winners list despite getting multiple nominations, the movies didn't win a single award at the Golden Globes Award held on Sunday (local time). Other movies in the list include 'Bombshell,' 'Dolemite Is My Name,' 'Harriet,' 'Jojo Rabbit,' 'Knives Out' and 'Little Women.'

According to The Hollywood Reporter, 'The Irishman' may have gone into the 2020 Golden Globes with the second-highest number of film nominations, tied with 'Once Upon a Time in Hollywood' with five nods, but Martin Scorsese's highly anticipated mob epic for Netflix was completely shut out at the award ceremony.

Netflix landed the most film nominations of any company with 17 mentions, but it won only one award which is the best-supporting actress for 'Marriage Story's' Laura Dern. Netflix's nominated films 'Dolemite Is My Name' and 'The Two Popes' was tied with 'Joker' with four mentions each and failed to grab any awards.

'Dolemite Is My Name' star Eddie Murphy was expected by a number of pundits to win for best actor in a motion picture, musical or comedy.

'Bombshell', 'Harriet',' Frozen 2', 'Jojo Rabbit', 'Knives Out', 'The Lion King', 'Little Women' and 'Pain and Glory' are among the other films that received multiple nominations but didn't win a single award.

On the TV side, Netflix's 'Unbelievable' tied in the race to most small-screen nominations with 'Chernobyl' and 'The Crown' with four nominations, and 'The Crown' won only one award, for star Olivia Colman.

The three-time nominees 'Barry', 'Big Little Lies', 'The Kominsky Method' and 'The Morning Show' also didn't grab any award. 'Catch-22', 'Killing Eve', 'The Marvelous Mrs. Maisel' and 'The Politician' who were two-time nominees that were also iced out.

'Hustlers' star Jennifer Lopez failed to take home the best-supporting actress award as she was predicted to win the award by a number of pundits. Billy porter also failed to make history with the best drama actor win for his role on 'Pose,' if he would've won the award, he reportedly would have been the first openly gay African-American to win that award.

'Chernobyl' won two of its four nominations. Despite that, star Jared Harris didn't win the best actor in a limited series Globe which was predicted by many prognosticators. The award was bagged by Russell Crowe for his portrayal of Roger Ailes in 'The Loudest Voice.' But the star was absent from the ceremony.

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