ED questions Preity Zinta in connection with the IPL-2 irregularities row

March 6, 2013

Preity_Zinta_IPL

Mumbai, Mar 6: Bollywood actress Preity Zinta on Tuesday was questioned by the Enforcement Directorate (ED) in connection with the alleged irregularities in the conduct of the second season of the Indian Premier League. The ED also recorded the statement of Preity, co-owner of Kings XI Punjab, for over 10 hours.

"She complied with the summons issued to her by us", said an ED official. Preity (38) appeared before the ED authorities at 10 AM and her statement was recorded for over ten hours, he said without elaborating. Former BCCI president Shashank Manohar, cricketer Ravi Shastri, who were on the IPL governing council, besides actor and Kolkata Knight Riders co-owner Shah Rukh Khan, had earlier been questioned in connection with alleged irregularities in conduct of IPL-2 held in South Africa.

The second edition of IPL was held in South Africa in 2009 after the venue was shifted from India. It is alleged that ill-gotten money flowed into the T-20 tournament from foreign tax havens. The ED had in 2011 issued a notice to BCCI and former IPL chairman Lalit Modi over an alleged contravention of foreign exchange rules and evasion of taxes during the second season of the IPL.

The second edition of the tournament which came under the scanner also led to the sacking of the then commissioner Lalit Modi for alleged financial irregularities in the organisation of the tournament. The ED had alleged that the BCCI and Modi had opened and operated a bank account in South Africa without informing the Reserve Bank of India and nearly Rs 1,650 crore was transferred from India without following the Foreign Exchange Management Act (FEMA) norms.

Preity, along with Ness Wadia and others, had acquired the ownership rights in 2008 for the Mohali-based Twenty20 cricket team of the Indian Premier League (IPL) for USD 76 million. ED is conducting the overall probe into the finances of the IPL and its organisers in context with the second edition of IPL.

The agency had asked BCCI to furnish all the permissions and records it obtained from the RBI for funding the offshore activities of the IPL during the second edition in its notices.

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News Network
May 30,2020

New Delhi, May 30: Former world chess champion Viswanathan Anand will be finally reaching India late on Saturday after being stuck in Germany for over three months due to the travel restrictions imposed in the wake of the COVID-19 pandemic.

"Yes.. Anand will be returning today," the chess maestro's wife Aruna told PTI on Saturday morning. Anand, who boarded an Air India flight (AI-120) from Frankfurt on Friday night will reach Bengaluru via Delhi.

He is expected to reach Bengaluru at 1.15 pm. The five-time world champion will undergo 14 days quarantine as per rules laid down by the Karnataka government.

"He will complete quarantine procedures and come to Chennai as per protocol," Aruna Anand said. The flights from Germany are only scheduled to land only in Delhi and Bengaluru.

The chess ace was in Germany to play in the Bundesliga chess league and was to return to India, but was forced to stay put after the COVID-19 outbreak disrupted sporting schedules across the globe, apart from restricting movement.

He was staying near Frankfurt and was doing online commentary for the Candidates tournament which was called off mid-way due to the pandemic and led the Indian team in the Online Nations Cup early this month.

Anand had been in touch with his family in Chennai on a regular basis via video calls and kept himself busy with chess-related work.

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coastaldigest.com web desk
August 3,2020

The Board of Control for Cricket in India (BCCI) will not end its partnership with Chinese companies. Vivo, the Chinese smartphone maker, is the main sponsor of the new IPL season as well. Apart from Vivo, PayTM and Dream 11 will also be at the helm of the 13th edition of the IPL. The IPL governing council meeting on Sunday decided to retain the old sponsors.

As soon as the IPL GC announced the decision of retaining the sponsors, a huge number of fans took to Twitter to slam the board for the same. #BoycottIPL started trending as the users urged others to boycott the tournament for the Chinese connection.

Earlier, the demand for exclusion of Chinese companies from the IPL was strong in the wake of the India-China border dispute. But the BCCI cannot abruptly end its collaboration with them. Because of the signed contract itself. And in this age of declining economy, it is difficult to find new sponsors quickly.

The current BCCI contract with Vivo is for five years. Vivo has invested Rs 2,199 crore to become the main sponsor of the IPL. The contract was signed in 2017. However, the BCCI’s move is paving the way for new discussions as calls are mounting across the country to boycott Chinese companies.

The BCCI announced other important decisions besides retaining sponsors. The IPL will be held from September 19 to November 10. The Indian government has given permission to the BCCI to hold the IPL in the UAE. With this, all obstacles in the way of organizing the tournament were removed.

The IPL matches will be played at 7.30 pm Indian time (6 pm UAE time). Most matches are about one match a day. There are a total of ten ‘double headers’ (two matches a day) in the tournament. Franchisees are allowed to appoint as many replacements as they want in the new season in view of the new health situation. At the same time, the maximum number of players a franchise can accommodate is 24. The BCCI is also planning to host a women’s IPL tournament.

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Agencies
August 3,2020

Silverstone, Aug 2: Mercedes driver Lewis Hamilton on Sunday won his seventh British Grand Prix title after a dramatic last-lap at the Silverstone Circuit.

Hamilton and teammate Valtteri Bottas were at the first and second spot respectively until tyre drama struck.

Second-placed man Bottas was the first to suffer as his tyre deflated on lap 50, resulting in 11th place finish. Hamilton also suffered a similar issue before the final few seconds of the race.

However, with Max Verstappen having opted to pit a few laps from the end to try and claim the fastest lap, Hamilton had enough time in hand to just cross the line first, five seconds ahead of Verstappen and the third-placed Ferrari of Charles Leclerc.

McLaren's Carlos Sainz had been set to finish fourth, but his own last lap tyre issue saw him eventually come home P13, allowing Renault's Daniel Ricciardo to claim fourth, following a late pass on the sister McLaren of Lando Norris.

Renault's Esteban Ocon finished sixth, having enjoyed a race-long battle with Lance Stroll's Racing Point, with Pierre Gasly having enjoyed a fine race to finish seventh for AlphaTauri.

Alex Albon finished eighth for Red Bull, having recovered from a lap 1 tussle with the Haas of Kevin Magnussen that saw him fall to last, while Lance Stroll and Sebastian Vettel rounded out the top 10, Vettel holding off a late charge form the recovering Mercedes of Bottas.

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