Nothing wrong in Bengal government's KKR felicitation: Shah Rukh Khan

May 30, 2012

Mamatha_KKR

Kolkata, May 30: Kolkata Knight Riders co-owner Shah Rukh Khan, also the state's brand ambassador, on Tuesday said there was "nothing wrong" in the grand felicitation organised by the state government for his IPL-5 winning team.


As Chief Minister Mamata Banerjee organised the fete involving Governor M K Narayanan and spent lavishly on the champions KKR side by giving them golden lockets, many ridiculed the move as it had been organised for a club team.


The team members were also showered with gifts from the hosts Cricket Association of Bengal who gifted the 17 members with 10-gram gold chain each including mememtos. Shah Rukh, however, stood by Banerjee and said there was nothing wrong in it.

"There is no harm in being happy and sharing happiness. Nobody should criticise it. It's alright to be happy. Let's not be political. It has been done because we all are happy. There is nothing wrong if we bring a bit of happiness to the city of joy," he said.


Shah Rukh said their celebrations were befitting as they had waited long for the moment.


"It is a humble moment, I must say. For the last four seasons, all the KKR players and our families were moving with a desire to win the cup.


"We had all come from different states - some had come from Mumbai, Gujarat, Delhi - and made this city our home. So we wanted to win the hearts of the Kolkatans. Today, I felt that I had won the heart of Kolkata," the actor said.


Even Governor Narayanan joined in the celebrations and said, "Today is the true 'paribartan' (change) that the Chief Minister had ushered in last year."


The city had come to standstill in the morning as all the roads led to the Eden Gardens where the team's victory parade beginning from Hazra had culminated via a stop over at the Writers' Building.


About one lakh came on streets to cheer for the team as the 67,000 capacity wore a jam-packed look during the one-hour celebration that was no smaller than India's World Cup victory lap at the Wankhede last year.


With capacity crowd inside the gates had to be closed as about 30,000 had to wait outside as the programme ended with chaos and mayhem with several injured in the mob-like atmosphere.


Knight Riders tasted first success in five outings when they defeated Chennai Super Kings by five wickets in the IPL summit clash on May 27 to be crowned IPL-5 champions.




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News Network
February 5,2020

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.

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News Network
May 28,2020

New Delhi, May 28: India is not at risk of losing hosting rights for next year's Twenty20 World Cup despite its cricket board's failure to secure a tax exemption for the event, a key BCCI official has told Reuters.

Tax exemptions for International Cricket Council (ICC) events are listed as a requirement in host agreements and the BCCI was supposed to confirm they had secured one by May 18.

ESPNcricinfo, citing correspondence between the two bodies, has reported that the ICC has threatened to shift the tournament away from India over the issue.

However, BCCI treasurer Arun Singh Dhumal told Reuters that would not happen and that negotiations were continuing.

"There is no risk to the tournament," he said by telephone.

"That is a work in progress. We are discussing it with the ICC and we'll resolve it."

The BCCI encountered a similar problem when it hosted the event in 2016 when the government refused to provide a tax exemption, and there has been no change in New Delhi's stance despite the board's appeals.

Failure to secure that exemption in 2016 saw the ICC withhold an equivalent sum from India's share of revenue from the governing body's grants and it appears to be taking an even harder line this time around.

"There are certain timelines within the agreements that we collectively work towards to ensure we can deliver successful world class events and continue to invest in the sport of cricket," an ICC spokesperson told Reuters.

"In addition to this the ICC Board agreed clear timelines for the resolution of the tax issues which we are guided by."

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News Network
January 9,2020

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.

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