Lalit Modi
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Contents |
Early life
The Times of India, Jun 20 2015
Vineet Upadhyay
When Red Rose got Lalit Modi expelled from school
The controversy around the first commissioner of the Indian Premier League, Lalit Modi, continues. Alumni of St Joseph's College here, where Modi was a student of Class X in 1980, remember that he had played truant to watch a movie, despite stringent warnings from school authorities. Rameshwar Sah, 48, owner of a departmental store in Nainital, recalls, “Lalit said he would be watching a football match, but went off to watch the Rajesh KhannaPoonam Dhillon starrer Red Rose at Capitol Cinema.Three other boys went with him. When Brother CG Fernandez, the principal, found out, he called their parents and expelled all of them.“
Sah said the school would not allow Modi back into classes after August 1980. He was, however, allowed to take his board examinations.
Fernandez, who was principal from 1979-81, remembered the boy who played truant. “He wasn't so great with studies, but good in sports,“ he said, declining to say more.
Sah remembers that Modi was a man of many parts he could foretell what might sell, he says. “He would talk of how English films, dubbed in Hindi and other Indian languages, might find a good audience,“ he said.
In 1993, Modi set up Modi Entertainment Networks (MEN), a 10-year joint venture with Walt Disney Pictures, to broadcast Disney's content in India.
Not everyone who re membered Modi, however, was keen to speak about him.“The past is past, and I do not wish to comment I was not the head of the institution at that time. I know Modi studied here from 1976-80,“ said Peter Emanuel, present principal of St Joseph's.
Another classmate, not wishing to be named, giggled as he recalled Modi: “He was a great `manager' even as a boy. He seldom did the work assigned to him. He doled out Rs 100 to other classmates to do his work.“
Jaitley praise tied to Didi's silence?
Finance minister Arun Jaitley showcased Bengal in the US India Business Council meet held at New York while commenting on the growing consensus of fast tracking development in India. Addressing the USIBC meet, Jaitley named Bengal and complimented the state for the investment conference it held in January, 2015. He said it was good to see the positive mood and note the changes taking place even in a Left-oriented state. Jaitley's comment has strengthened speculation over the developing chemistry between Narendra Modi and Mamata Banerjee while the two parties cross swords in Bengal. Congress member Abdul Mannan sees Jaitley's appreciation as a quid pro quo to Trinamool's silence in the Lalit Modi-Sushma Swaraj-Vasundhara Raje controversy.However, party spokesperson and Rajya Sabha member, Derek O'Brien, refused to read politics into the finance minister's statements at the USIBC meet.
A timeline
[http://timesofindia.indiatimes.com/sports/ipl-2015/news/The-rise-and-fall-of-Lalit-Modi/articleshow/47680096.cms The Times of India[, Jun 15, 2015
A chronology of Lalit Modi's rise and fall over the years
1999 : Formally entered the cricket administration from Himachal Pradesh but had an ugly fall-out with local officials and was subsequently removed the very next year.
2004 : Modi ousted the famous Rungta brothers -- Kishore and Kishen -- from Rajasthan Cricket Association (RCA).
2004 : An anti-Dalmiya quartet is formed with Sharad Pawar as the face and backed by N Srinivasan, Shashank Manohar and Lalit Modi. Pawar fails to beat opposition candidate Ranbir Mahendra, who won due to outgoing president Dalmiya's 'presidential casting vote'.
2005 : At 40, Modi was elected as the youngest of the five vice-presidents in BCCI.
2005 : As chairman of BCCI's marketing committee, Modi signed a multi-million dollar kit sponsorship deal with apparel giants Nike and struck lucrative TV broadcast deals.
2008 : Modi floated the cash-rich Indian Premier League. BCCI appointed him Chairman and Commissioner of IPL with absolute powers.
2009 : Shifted the IPL-II to South Africa after Lok Sabha election dates were announced.
2009 : Modi lost RCA presidential elections against IAS officer Sanjay Dixit in one of the most acrimonious state cricket body elections.
2010 : Modi, in a series of tweets, revealed about the share-holding pattern of Kochi Tuskers Kerala and involvement of late Sunanda Pushkar, who owned 'Sweat Equity' of around Rs 70 crore in the franchise. Modi also writes the involvement of Shashi Tharoor and the junior minister was forced to resign owing to controversy.
2010 : Government agencies started their probe against Modi and BCCI on various issues with regards to financial irregularities in 2009 IPL.
2010 : BCCI suspended Modi immediately after the end of the IPL-III finals on charges of financial irregularity.
2010 : Fled from the country to seek asylum in the United Kingdom citing threats from Underworld. ED issued 'Blue Corner' notice against him. His passport was revoked.
2011 : BCCI formed a probe committee at its AGM which issued a disciplinary action against Modi. The Committee was headed by BJP heavyweight Arun Jaitley and had Congress MP Jyotiraditya Scindia as a member. The third member was the erstwhile BCCI president N Srinivasan.
2012 : Modi admitted that he had a hand in "rigging Andrew Flintoff's auction" to help Srinivasan in roping in the England all-rounder for CSK in 2009 IPL. Srinivasan rubbished allegations.
2013 : IPL disciplinary committee headed by Arun Jaitley recommended life ban for Modi and subsequently banned by the BCCI. Modi took legal recourse.
2014 : Elected president of Rajasthan Cricket Association and immediately RCA is banned by BCCI as it withdraws all financial support. The matter is still sub-judice.
2014 : On August 27, a Delhi HC Division Bench restored Modi's passport.
Criminal history
The Times of India, Jun 15 2015
Ex-Indian Premier League chief Lalit Modi faces several probes from several agencies, all connected to the cricket league, for the last five years but nothing concrete has been found against him since the businessman has never made himself available for formal questioning:
Enforcement Directorate is probing foreign exchange violations under FEMA to the tune of Rs 425 crore in the IPL TV rights deal awarded to World Sports Group (WSG) by Lalit Modi.First, the media rights were awarded to WSG for 10 years but it was later given to Multi Screen Media (MSM).ED's initial probe suggested that Modi might be a beneficiary of the Rs 125 crore paid by MSM to WSG Mauritius (WSGM). After attending just one interrogation session with the income tax department and ED in Mumbai, Modi fled to the UK in May 2010 ED is also probing Modi and others in connection with an alleged transaction of Rs 90 crore with International Management Group, a UK-based company
The income tax department is probing a payment of Rs 80 crore made for the purchase of a private jet, used by Modi and his family members extensively during IPL matches. The aircraft purchase was reportedly linked to the WSG contract
Chennai police registered a case against Modi and six others on charges of criminal conspiracy, cheating and falsification of accounts in the deal related to WSG
A blue corner notice is still pending against Modi at all Indian portsairports, according to which if he is traced anywhere, he should be handed over to the ED
While running the IPL, Modi got threats from the underworld. In March 2009, Mumbai police arrested and interrogated Rashid Malabari, a hitman, who revealed that there was a plan to kill the ex-IPL chief, his wife Minal and son Ruchir. This was later confirmed by the Intelligence Bureau, which heard Chhota Shakeel and Dawood Ibrahim discussing the plan
3 cricketers who were bribed
The Times of India, Jun 27, 2015
Lalit Modi names two Indian cricketers who were bribed
Controversial former IPL Commissioner Lalit Modi has alleged that two leading Indian cricketers and a West Indian player had been bribed by an Indian real estate tycoon, who is also a bookmaker.
London-based Modi tweeted a letter he claims to have written to International Cricket Council (ICC) CEO Dave Richardson in June 2013, passing on "some information that I have just got." He told Richardson that he could pass the same to the anti-corruption and security unit of the ICC if he thought so fit.
Modi then went on to name the three players, who he claims were in close contact with the real estate tycoon who was also named in the letter.
Modi stated that he had been informed by "reliable sources" that the tycoon had paid in cash and kind to the three players. He concluded by saying that "I hope this is not true but if true it could mean more are involved."
