Lalit blames Srini for forex law breach

June 20, 2015

New Delhi, Jun 20: Lalit Modi blamed N Srinivasan for violation of forex laws while organising the Indian Premier League (IPL), but the Board of Control for Cricket in India (BCCI) ex-chief said they were “taken for a ride” by the IPL former boss, according to their interactions with law enforcement agencies.

lalit-modiThe mutual animosity they harbour is evident in Modi's responses to agencies like the Enforcement Directorate (ED) and Directorate of Revenue Intelligence.

Srinivasan's remarks against his rival are recorded in a Parliamentary Standing Committee report and a complaint he filed against Modi in Chennai.

In almost all responses, lawyers on behalf of Modi harped on the same themes, saying there was no personal allegation against him, and that Srinivasan played a “key role” in decision-making. The cases included remittance of Rs 88.48 crore to International Management Group, transaction of Rs 243.45 crore between BCCI and Cricket South Africa and acceptance of Performance Deposit from an NRI investor in Rajasthan Royals, all RBI permission. Irregularities in awarding media rights to MSM-WSG were also probed.

Modi, Srinivasan and other BCCI officials were also issued show-cause notices related to FEMA violations. An ED report said Modi was responsible for the conduct of IPL and had “full knowledge and awareness of the nature of transactions between BCCI and foreign parties”. It also found fault with Srinivasan, saying he failed to take prior permission of RBI as required under FEMA before accepting deposit from people residing abroad.

Modi's stock argument was that Srinivasan was the treasurer of BCCI when IPL started. “Without he being at the centre of decision-making, being in-charge of and responsible for all financial matters, none of these decisions could have been made,” he said, adding that taking permission from RBI was his responsibility.

He also said Srinivasan, as de facto owner of Chennai Super Kings and BCCI office-bearer, knew about the workings of IPL, and was at all times “personally interested in its pecuniary and financial matters”.

Modi also went on to say that after becoming BCCI secretary, Srinivasan routed all financial matters to the treasurer through his office.

On his part, Srinivasan had told the Parliamentary Standing Committee on Finance in 2011: “We were taken for a ride. Unfortunately, there was too much of power given to him. Was he above the IPL at that time? The powers given to him were like that, and that is how he acted.”

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News Network
March 18,2020

New Delhi, Mar 18: As many as 276 Indians have been infected with coronavirus abroad, including 255 in Iran, 12 in UAE and five in Italy, the government informed the Lok Sabha on Wednesday.

In a written reply to a question in the Lok Sabha, Minister of State for External Affairs V Muraleedharan said the total number of Indians infected by coronavirus is 276 — 255 in Iran, 12 in UAE, five in Italy, and one each in Hong Kong, Kuwait, Rwanda and Sri Lanka.

A fourth batch of 53 Indians returned to India from Iran on Monday, taking the total number of people evacuated from the coronavirus-hit country to 389.

Iran is one of the worst-affected countries by the coronavirus outbreak and the government has been working to bring back Indians stranded there. Over 700 people have died from the disease in Iran and nearly 14,000 cases detected.

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News Network
January 18,2020

New Delhi, Jan 18: The Supreme Court Friday refused to entertain a PIL seeking conferment of 'Bharat Ratna' on Mahatma Gandhi saying that people hold the father of the nation in “high esteem”, beyond any formal recognition.

A bench, comprising Chief Justice S A Bobde and justices B R Gavai and Surya Kant, however asked petitioner Anil Dutta Sharma to give representation to the central government in this regard.

“Mahatma Gandhi is the father of nation and people hold him in high esteem, beyond any formal recognition,” the bench said.

The issue of directing the government to award Bharat Ratna to the father of the nation was not a “justiciable issue”, it said.

The bench however said that it agreed with the sentiments of the petitioner for granting official decoration to Mahatma Gandhi.

Disposing of the petition, the top court said, “We will allow you to give a representation to the Centre in this regard.”

Sharma, in his PIL, had sought a direction to the government to give “official decoration” to Mahatma Gandhi to honour him for the contribution to the nation.

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Agencies
June 27,2020

Mumbai, Jun 27: The Shiv Sena on Saturday hit out at the BJP over its charge that the Rajiv Gandhi Foundation (RGF) had accepted donations from the Chinese embassy, and asked it whether the issue had any connection with intrusion by the neighbouring country in Ladakh and the martyrdom of 20 Indian soldiers.

The Sena also alleged that those raising questions against the government over the standoff with China were being labelled as Chinese agents by the BJP.

BJP chief J P Nadda had on Thursday targeted the Congress and the Gandhi family saying that the RGF had allegedly accepted donations from the Chinese embassy. Hitting back, the Congress had said that the RGF issue raised by the BJP government was a "manufactured charge" and "diversionary tactic" to deflect attention from the LAC crisis.

"What do you mean by Congress gets money from China? Instead of responding to the issues raised by Sonia Gandhi and Rahul Gandhi over the Chinese incursions, the BJP leaders accused the Congress of receiving funds from China," the Sena said in an editorial in party mouthpiece 'Saamana'.

"Will BJP's revelations about the donations stop the Chinese activities along the border? The BJP should tell what connection does these donations have with the Chinese incursion and the martyrdom of 20 soldiers," it added.

"In our country, many political leaders and parties, and not just the Congress, are beneficiaries of foreign countries. The BJP speaking about this is like throwing stones in the mud," it said.

The Uddhav Thackeray-led party said that Chinese President Xi Jinping visited India twice in the last six years.

"He was hosted in Gujarat. But it is a fact that China has betrayed. Holding talks on the one hand and continuing with the offensive along the border on the other hand is China's old policy," it said.

In the present scenario, the entire country stands firmly with PM Modi. This crisis is not for the BJP or the Congress, but for the entire country, whose prestige is at stake, it said.

"The BJP can fight with the Congress any time later.

But now is the time to fight against China. It should speak on that," the Sena said.

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