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.

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Agencies
January 26,2020

New Delhi, Jan 26: The sports fraternity on Sunday extended greetings to the people on the occasion of the 71st Republic Day.

Former cricketer Sachin Tendulkar took to Twitter to write: "Wishing all Indians a very happy Republic Day."
"Rejoice the Glory of India and it's Freedom Fighters on this Republic Day. Wish you a very happy #RepublicDayIndia . Jai Hind !" former batsman VVS Laxman tweeted.

"Wish you all a very happy #RepublicDay2020 from here in New Zealand," Irfan Pathan tweeted.

Boxer Vijender Singh said India is blessed with different religions, societies, cultures and languages.

"INDIA is a nation where humanity has lived since ages.It is a country which is blessed with different religions,societies,cultures & languages all interplaying with each other in harmony. PROUD OF UNITY IN DIVERSITY #RepublicDayIndia #RepublicDay2020," Singh wrote on the micro-blogging site.

Former cricketer Virender Sehwag, wrestler Yogeshwar Dutt, wrestler Sushil Kumar and tennis player Sania Mirza also extended their greetings on the occasion.

On this day, 70 years back, India officially adopted its Constitution. Brazilian President Jair Messias Bolsonaro is the chief guest at the parade this year.

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News Network
March 29,2020

New Delhi, Mar 29: Former Indian batsman Wasim Jaffer on Sunday picked his all-time IPL team and appointed wicket-keeper batsman MS Dhoni as its captain.

Jaffer's team's feature opener Rohit Sharma, current Indian skipper Virat Kohli, all-rounder Hardik Pandya, spinner R Ashwin, and pacer Jasprit Bumrah as seven domestic players.
While the foreign players spot have been occupied by West Indies' swashbuckling batsman Chris Gayle, all-rounder Andre Russell, Afghanistan's spinner Rashid Khan, and Sri Lanka's veteran pacer Lasith Malinga.
Indian all-rounder Ravindra Jadeja has been picked as 12th man by Jaffer.

Earlier this month, the Board of Control for Cricket in India (BCCI) decided to postpone the IPL to April 15, 2020, as a precautionary measure against COVID-19 outbreak.
The board also assured that it will work in unison with the Sports Ministry and will adhere to the guidelines issued.

The 13th edition of IPL was scheduled to commence from March 29. 

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News Network
April 12,2020

New Delhi, Apr 12: As devotees across the world celebrate Easter today, former Sri Lanka skipper and current Marylebone Cricket Club (MCC) president Kumar Sangakkara on Sunday condoled the demise of people who lost their lives during last year's Easter Sunday bombings in Sri Lanka and said someone must seek answers to the questions which still remain unresolved.

"A year on we all share the pain of the families grieving lives lost, we stand with you and for you. We remember. So many questions still unanswered, but answer them someone must," Sangakkara tweeted.

On April 21, 2019, multiple blasts ripped through Sri Lanka when the Christian community was celebrating Easter Sunday.
The explosions rattled churches and high-end hotels across the country, killing 258 people and injuring over 500.

A local terror group called National Thowheeth Jama'ath had claimed responsibility for the devastating attacks.

The island nation was put under a state of emergency for a period of four months from April to August.

The Sri Lankan police had then said that 293 suspects were arrested in connection with the Easter Sunday bombings in the island country in April.

This year, most of the devotees would be offering the prayers from their homes as mass gatherings have been suspended in most countries due to the ongoing coronavirus pandemic.

Easter marks the resurrection of Jesus Christ following his crucifixion on Good Friday. It also marks the culmination of Lent, a 40-day period of fasting and penance.

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