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.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
February 19,2020

Feb 19: India captain Virat Kohli on Wednesday dropped enough hints to indicate that seniormost pacer Ishant Sharma and young opener Prithvi Shaw will be in the playing XI for the first Test against New Zealand in Wellington. If India's net session on Wednesday is taken into consideration, Wriddhiman Saha is starting as the wicketkeeper ahead of Rishabh Pant for the series opener beginning on Friday. Hanuma Vihari, the team's designated No 6 batsman for away Tests, will be the fifth bowling option with Jasprit Bumrah, Mohammed Shami and Ishant being three specialist pacers.

Ravichandran Ashwin is in the mix for the lone specialist spinner's spot though Ravindra Jadeja's all-round skills can't be ignored either.

Ishant, who was out for three weeks with an ankle injury sustained during a Ranji Trophy game, bowled full tilt at the nets and even earned appreciation for troubling batsmen with his pace and bounce.

"He (Ishant) looked pretty normal and pretty similar to what he was bowling before the ankle injury. He is hitting good areas again and he has played (Test cricket) in New Zealand couple of times, so his experience will be useful to us. It was really good to see him bowling with pace and in good areas," Kohli said during his media interaction.

The skipper also said in as many words that the team wouldn't like to change Shaw's natural stroke-play which was a good enough hint that Shubman Gill will have to warm the benches for now.

"Prithvi is a talented player and he has his own game and we want him to follow his instincts and play the way he does. Look, these guys have no baggage and are not desperate to perform in any manner," the skipper said.

The skipper wants Shaw to take a leaf out of Mayank Agarwal's performance in Australia back in 2018-19 when he hit back to back half-centuries in Melbourne and Sydney.

"They don't have any nerves to do well overseas. Like a clear head with which Mayank played in Australia, Prithvi can do the same in New Zealand.

"A bunch of guys playing with fearlessness, something that can motivate the whole team, gives us start that the team wants and not get intimidated by the opposition in any way."

The skipper downplayed India's below-par show in the three-match ODI series, especially that of Agarwal.

"Prithvi, I think you can call him relatively inexperienced and Mayank, I wouldn't call him that inexperienced because he has scored a lot of runs last year. So he understands what his game is like in Test cricket.

"I think sometimes in white ball cricket we try to do too much but once you come into red ball cricket, you fall into that disciplined mode of batting, which obviously suits him much more at this stage."

While he didn't give an answer on the Saha-Pant debate, the burly Delhi keeper had precious little to do at the main nets and was seen spending more time doing his keeping drills and only got an opportunity to bat when the first team completed its routines.

New Zealand are likely to go with an all-pace attack but the Indian captain wants to stick to his team's strengths which is play with one spinner in the four-pronged bowling attack.

"If it had been a Johannesburg pitch, I could have said it's a possibility (to play four pacers) but our team has that skill that we can bowl out other teams with only three fast bowlers," he sounded confident.

"But you need one world class skillful spinner, who can take wickets on any pitch. We won't copy the home team. We would rather figure out what is the most lethal combination, which gives us balance," he added.

"As a bowling group it's better than the one that came to NZ last time and that is why we have got so many teams all out in last two and half years. We would like to repeat that here also," Kohli added.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
April 30,2020

New Delhi, Apr 30: Indian skipper Virat Kohli on Thursday mourned the demise of veteran Bollywood actor Rishi Kapoor, called his death 'unreal and unbelievable' loss.

"This is unreal and unbelievable. Yesterday Irrfan Khan and today Rishi Kapoor ji. It's hard to accept this as a legend passes away today. My condolences to the family and may his soul rest in peace," Kohli tweeted.

Opening batsman Shikhar Dhawan also expressed his heartfelt condolences to the family and friends of the deceased.
"It's shocking to hear about the sudden demise of #RishiKapoor ji. My heartfelt condolences to his family and friends. May his soul rest in peace," Dhawan tweeted.

Earlier today, actor Amitabh Bachchan confirmed the news of the demise of the 67-year-old Rishi Kapoor. Rishi Kapoor was admitted to the Sir HN Reliance Foundation Hospital in Mumbai on Wednesday.

In September 2019, the veteran actor returned to Mumbai after staying in New York for almost a year for cancer treatment.

He was last seen in the 2019 film 'The Body' alongside Emraan Hashmi and Shobita Sobhita Dhulipala.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
January 13,2020

Mumbai, Jan 13: India spearhead Jasprit Bumrah on Sunday headlined the BCCI Annual Awards function, grabbing the prestigious Polly Umrigar award apart from annexing the Dilip Sardesai honour for his exploits in international cricket in the 2018-19 season.

Polly Umrigar award is presented to the best male International cricketer and it carries a citation, trophy and cheque for Rs. 15 lakh.

Dilip Sardesai award is conferred on both the highest wicket-taker and highest run-getter in Test cricket. Bumrah took 34 wickets in six matches with three five-wicket hauls.

Prolific Saurashtra batsman Chetshwar Pujara was picked for the honour for scoring 677 runs in 8 matches at an average of 52.07 with three centuries and two half centuries.

Bumrah, the world's number ODI bowler made his Test debut during India's tour of South Africa in January 2018 and hasn't looked back since.

He picked up a five-wicket haul in South Africa, England, Australia and the West Indies, becoming the first and only Asian bowler to achieve the feat.

He played a stellar role in the historic 2-1 Test series win in Australia, India's first Down Under and which helped them retain the Border Gavaskar Trophy.

While Bumrah netted the biggest prize in the men's category, Poonam Yadav claimed the top prize in women's section and was awarded the best international cricketer.

The award will be another feather in the leg-spinner's cap who recently received the Arjuna Award.

Former India captains Krishnamachari Srikkanth and Anjum Chopra were presented the Col CK Nayudu Lifetime Achievement Award and the BCCI Lifetime Achievement Award for women respectively.

A member of the 1983 World Cup-winning team, Srikkanth took on the fearsome West Indies fast bowlers and scored an attacking 38, the top individual score in the low-scoring final at the Lord's.

He also captained India and post-retirement served as the chief selector and it was during his tenure that the 2011 World Cup squad was picked.

Anjum is one of the finest batswomen and the first Indian to play 100 ODIs. In a career spanning 17 years, Anjum represented India in four 50-over World Cups and two T20 World Cup (played in one).

Mayank Agarwal, who emerged as an impact batsman starting with his debut series in Australia in 2018-19, received the best international debut in men's category while talented 15-year-old Shafali Verma grabbed the same in the women's category.

Mumbai all-rounder Shivam Dube, who impressed in the recently concluded T20 series against Sri Lanka, was presented the Lala Amarnath Award for the best all-rounder in the Ranji Trophy while Delhi's Nitish Rana received the same for doing well in the limited overs competition.

India's middle-order batsmwoman Deepti Sharma received the Jagmohan Dalmiya Trophy for best woman cricketer in senior domestic circuit while Shafali was picked for honour in the junior category.

Virender Sharma was adjudged the best umpire in domestic cricket while Vidarbha Cricket Association were presented the best performance award in domestic cricket for wining the Ranji Trophy.

BCCI president Sourav Ganguly said, “The BCCI Awards is our way of recognising the finest on-field performances right from the age group to senior level and also honour our legends.”

Board secretary Jay Shah said, “We wanted to make Naman bigger and better and have introduced four new categories highest run-getter and wicket-takers in WODIs and best international debut men and women from this year.”

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.