IPL chief Modi suspended in growing scandal
WITH Lalit Modi suspended pending corruption investigations, the Indian Premier League governing council yesterday elected a national cricket board vice president as its interim chairman.
Shashank Manohar, president of the Board of Control for Cricket in India, which sanctions the IPL, said Chirayu Amin would manage the league while charges against Modi were investigated. "IPL is a great property and loved by everyone, but ethics and transparency are most import," Manohar said after the meeting, which began hours after Modi was suspended late on Sunday following the 2010 IPL final.
Manohar announced Modi's suspension after days of mounting controversy following raids by tax officials on the offices of the lucrative Twenty20 league and the BCCI. Manohar said Modi's "alleged acts of individual misdemeanors" had "brought a bad name to the administration of cricket and the game itself."
Modi yesterday said his running of the IPL, valued at an estimated US$4.1 billion, was completely transparent and denied any corruption.
Indian lawmakers have demanded a parliamentary inquiry into claims that IPL clubs had been sold for millions of dollars without accounting for the source of the funds.
Manohar said Modi would be been given 15 days to show why "disciplinary action should not be taken against him." An investigation by the BCCI's chief administrator into the IPL records had already shown "a lot of documents missing."
Finance Minister Pranab Mukherjee said income tax authorities were already investigating the sources and channels of funding of the IPL team owners, who range from wealthy industrialists to Bollywood actors.
Meanwhile, South Africa was confirmed as host of the Champions League Twenty20, hours before Modi was suspended.
Organizers said the event, featuring the top provincial teams from around the world, will be held from September 10-26.
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