IPL a platform for money laundering: Former Indian captain

Agencies
January 27, 2018

Kolkata, Jan 27: Former India captain Bishan Singh Bedi today questioned the source of big bucks being spent during the Indian Premier League auction and alleged that the tournament is a platform for "money laundering".

The former left-arm spinner could not have timed his attack on the league with millions spent on day one of the IPL-XI auctions in Bengaluru. "IPL is also responsible for bringing in somebody called Justice Lodha Commission. I have never known anything so cheap going so expensively. People have accused me that I am maligning IPL as I don't get anything out of it. I said see if you can rope me in, you can try."

"Can anyone justify one wicket's price at Rs one crore and Rs 97 lakh for one run. I am not against the money part of it as players deserve to get more money playing for the country than playing for a wretched club. But do we know where all this money is coming from and where it is going? If this is not money laundering I don't know what is," Bedi said on the concluding day of the Kolkata Literary Meet.

"You find a person like Virat who has been retained by 17 crore... He deserves it. But in the same dressing room, there will be a youngster who will fetch Rs 10-15 lakh. Now he will try to catch up with Kohli. Now how does he do it? There are ways and means to do it and there is a platform which encourages you to do it which is match-fixing. IPL is an easy target," he said pointing out the spot-fixing scandal of 2013.

Bedi spoke highly of Nawab Pataudi and also named MS Dhoni as a gentleman on the field who "never swore". "My favourite cricketer was Pataudi. He was the greatest thing that has ever happened to Indian cricket. Besides Pataudi, the other gentleman was Dhoni who never swore on the cricket field. He (Pataudi) was my first captain and all credit to him as I learnt a lot from him. He was the first Indian captain to bring in a fair amount of Indianness in the dressing room. He always used to tell, we are not playing for Maharashtra or Delhi or Bengal. We are playing for India."

In the same vein, he also mentioned about Sourav Ganguly. "He is one of the finest Indian captains we have had and he was also responsible, in many ways, for the culture that prevails today. The golden period of Indian cricket was when Sourav Ganguly was captaining the side. He had at his disposal Sachin Tendulkar, Rahul Dravid and Laxman," he concluded.

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News Network
March 13,2020

New Delhi, Mar 13: Delhi's Tis Hazari Court on Friday sentenced expelled Bharatiya Janata Party (BJP) MLA Kuldeep Singh Sengar and six others to 10 years imprisonment for the death of Unnao rape survivor's father. Sengar is already serving life imprisonment for raping the minor.

While sentencing them, District Judge Dharmesh Sharma said, "There can be no denying that rule of law was broken. Sengar was a public functionary and had to maintain the rule of law. The way the crime has been committed, it does not call for leniency."

Sengar and his brother Atul has been directed to give 10 lakh compensation to family of the victim for loss of their father. "There are four minor children involved, three girls and one boy. They have also been uprooted from native place," the judge said.

Seven people, including Sengar, his brother and two police personnel, were held guilty for culpable homicide and criminal conspiracy, earlier this month.

The case pertains to the death of rape survivor's father in custody on April 9, 2018. It was alleged that he was assaulted following a quarrel with some of the accused in the case.

He was taken to the police station and then framed for allegedly possessing an illegal firearm. Pursuant to this, he was sent to custodial remand, during which he died.

The case was transferred to Delhi from a trial court in Uttar Pradesh on the Supreme Court's directions in August last year. Both the death and illegal firearm case was later clubbed by the court.

During the arguments on sentencing on March 12, Sengar had told the court that he should be "hanged and acid poured into his eyes if he has done anything wrong".

The former MLA had also raped the daughter of the deceased in 2017 in Uttar Pradesh's Unnao district and was sent to jail for "remainder of his natural biological life", last year.

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News Network
March 4,2020

New Delhi, Mar 4: The Supreme Court on Wednesday revoked the ban of cryptocurrency imposed by the Reserve Bank of India (RBI) in 2018.

Pronouncing the verdict, the three-judge bench of the apex court said the ban was 'disproportionate'.

The bench included Justice Rohinton Fali Nariman, Justice S Ravindra Bhat and Justice V Ramasubramanian.

The Internet and Mobile Association of India (IAMAI), whose members include cryptocurrency exchanges, and others had approached the top court objecting to a 2018 RBI circular directing regulated entities to not deal with cryptocurrencies.

Advocate Ashim Sood, appearing for IAMI, submitted that Reserve Bank of India lacked jurisdiction to forbid dealings in cryptocurrencies. The blanket ban was based on an erroneous understanding that it was impossible to regulate cryptocurrencies, Sood submitted.

The petitioners had argued that the RBI's circular taking cryptocurrencies out of the banking channels would deplete the ability of law enforcement agencies to regulate illegal activities in the industry.

IAMAI had claimed the move of RBI had effectively banned legitimate business activity via the virtual currencies (VCs).

The RBI on April 6, 2018, had issued the circular that barred RBI-regulated entities from "providing any service in relation to virtual currencies, including those of transfer or receipt of money in accounts relating to the purchase or sale of virtual currencies".

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News Network
January 28,2020

New Delhi, Jan 28: The Board of Control for Cricket in India (BCCI) is clear that while they have no problem with the Pakistan Cricket Board hosting the 2020 edition of the Asia Cup -- set to be a preparatory ground for the T20 World Cup in Australia -- the venue needs to be a neutral one as travelling to the neighbouring country isn't an option at present.

Speaking to news agency, a BCCI official said that the hosting rights is not an issue and it is just a case of picking a neutral venue as the Indian team wouldn't be travelling to Pakistan for the T20 tournament that will see the top Asian teams in action.

"The question isn't about the PCB hosting the tournament. It is about the venue and as things stand now, it is quite clear that we would need a neutral venue. There is no way that an Indian team can visit Pakistan to even participate in a multi-nation event like the Asia Cup. If the Asian Cricket Council (ACC) is ok with an Asia Cup minus India then it is a different ball game. But if India is to participate in the Asia Cup, then the venue cannot be Pakistan," the official said.

In fact, issues in obtaining visa for Pakistan players to come and play the 2018 edition of the Asia Cup in India was one of the major reasons why the tournament was shifted out of the country with BCCI hosting the event in UAE.

The official said that the PCB can do just the same and host the event in a neutral venue. "A neutral venue is always an option. BCCI did it in 2018," the official pointed.

Cricket returned to Pakistan after a decade when Sri Lanka toured the nation in 2019. While Sri Lanka was the first nation to play a full series in the country, Bangladesh is currently in the country as they just finished playing three T20Is. They will play a Test from February 7 to 11 and then play a one-off ODI before playing the second Test from April 5 to 9.

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