IPL Scam: Lalit Modi accused of money laundering, match fixing and running a betting network
The Income Tax department has substantial evidence to prove that Lalit Modi is involved in money laundering, match fixing and abetting or running a betting network across the world according to various news reports in the media. A TV report says that a Delhi socialite Sameer runs a betting network on behalf of Lalit Modi who provides him with inside information on the status of the IPL matches. Whether all this evidence will stand up to the scrutiny of the courts is an altogether different story.
Meanwhile Lalit Modi has vehemently denied all these allegations. He said there was absolutely no betting in IPL matches. He also threatened to take any legal action against these reports. The source of these reports is a confidential dossier prepared by the Income Tax department about six months ago and now corroborated after additional information was obtained from the raids carried out on Lalit Modi’s offices including the BCCI and IPL head quarters.
Here are some links to articles and reports:
http://cricket.zeenews.com/fullstory.aspx?nid=29160
http://videos.oneindia.in/watch/24663/lalit-modi-involved-ipl-betting.html
IPL Scam: Does Lalit Modi know about the IPL fake tickets, black marketing?
According to certain media reports, Lalit Modi and some of his cronies or others within the IPL core group may have inside knowledge about the black marketing of the IPL finals tickets. Tickets have also been duplicated, forged and faked on a large scale and fake tickets are being sold all over.
Are insiders within the IPL core team aware of these fake, forged and duplicated tickets. Why hasn’t the IPL management filed any police complaint against the forging of these tickets. Is it meant to hoodwink the tax man. Are some members printing the fake tickets themselves in collusion with some others? Only a detailed Crime Branch probe may reveal the truth. Or will it??
A report by Sanjay Jog in Business Standard says and we reproduce the entire report:
Troubles seem to be hitting the Indian Premier League (IPL) from all sides. Even as the investigating agencies look into the murky financial dealings in IPL, black marketers and touts are having a field day, selling tickets for the finals for Rs 3,000-Rs 2 lakh.
The black marketers have even started selling fake tickets in hotels, at railway stations and colonies near the stadium. The tickets for the finals, to be held on April 25 at the D Y Patil Stadium in Navi Mumbai, are officially priced at Rs 500, Rs 5,000 and Rs 10,000.
Sources told Business Standard the black market was flourishing: “There has been a mad rush. A ticket of Rs 500 is now being sold at Rs 3,000-7,000. Similarly, a Rs 5,000 ticket is going for Rs 45,000-70,000 and Rs 10,000 tickets are being sold for as much as Rs 80,000-2 lakh.”
Even the complimentary tickets are being sold at as much as Rs 60,000-1.50 lakh. Police sources admitted they had received complaints about black marketing of tickets. However, no official complaint had so far been lodged.
Police sources also admitted, given that the priority was to ensure there was no untoward incident in the finals, they had not been able to pay much attention to the complaints. “The police is currently concentrating on the law-and-order situation,” admitted a source.
The situation has become so difficult that even politicians are unable to get tickets. A Congress legislator, who was willing to pay up to Rs 10 lakh for a few tickets, was not been able to get any. The legislator, on condition of anonymity, said: “The state government should step in to stop this illegal sale. Ideally, the sale of tickets would have been divided into online and over the counter in a 50:50 ratio. Genuine cricket lovers are simply barred from enjoying the game at the stadium.”
An Opposition legislator, who landed up with a fake ticket for the semi-finals between Mumbai Indians and Royal Challengers Bangalore, said: “I paid Rs 20,000 for a Rs 10,000 ticket. But, when I reached the stadium, I was told the ticket was fake. I could not do much, as it would have only landed me in trouble.”
IPL Gate: Poorrna Patel, Praful Patel accessed insider information
By Flynn Remedios – futuristicmedianetwork.wordpress.com / iplgate.wordpress.com
NCP politician and aviation minister Praful Patel’s daughter in charge of hospitality at the IPL was sent a confidential email from Lalit Modi’s office which was later on passed on to Shashi Tharoor. According to TV reports, Poorna Patel who was in charge of hospitality had no business to posses or receive that email. While Praful Patel has vehemently denied that the email was confidential and claims that the email was routine and ‘in public domain’, it is very obvious, say reports that the email was sent to apparently mislead Tharoor and his coterie.
Poorna Patel was as her father claimed a very junior employee at the IPL and was working for pocket money. The question is why was a junior employee was sent a valuation document received directly from the IPL Commissioner’s office. IPL CEO Sundar Raman is alleged to have sent the email on instructions from Lalit Modi to Praful Patel’s daughter Poorna Patel. He later in the day asserted that he had no idea why Poorna Patel forwarded that email to her father’s office which in turn was forwarded to Shashi Tharoor.
What the IPL CEO forgot to answer was why in the first place did he as CEO send a financial document to a junior employee in the hospitality department.
IPL Gate 