April 26, 2010

BCCI Suspends Lalit Modi ahead of GC Meeting

Lalit Modi, the chief of the Indian Premier League (IPL), has been suspended for his possible role in alleged corruption in the world's richest cricket tournament, the Board of Control for Cricket in India (BCCI) said on Monday. said on Monday.  The government has launched a tax investigation into the financing of the $4.1 billion sports franchise.  

The scandal has claimed a junior minister Shashi Tharoor, who resigned after Modi said he used his political muscle to influence a bid for a team, and rallied opposition against the government.  "The alleged acts of individual misdemeanors of Mr Lalit K. Modi ... have brought a bad name to the administration of cricket and the game itself," according to a statement by the Board of Control for Cricket in India.  Modi was suspended just after the finals of the third edition of the IPL ended on Sunday.