In response to my tweet,
tantricNinja why wud any org. wanna lose an amazing admin like @LalitKModi? remem IPL2 in SA? heck, he even got a minister fired!
someone raised the following queries (in bold letters). Since they are of public interest (!?!), I'm replying here ...
1. The (IPL) commissioner (Lalit Modi) himself is involved in match-fixing
seems like a wild allegation. franchises which have spent hundreds of millions are throwing away matches? why? wud Punjab owners sell if losses aren't making them unviable?
2. IPL is used as a money laundering route
how is Modi responsible for this? atleast in the Kochi case, he asked who are the real owners. if ED (Enforcement Directorate) can't find money laundering, there is not much a commissioner can do.
3. He is diverting good percentage of IPL earnings (10%) towards his own companies
again a wild allegation. u think Mukesh Ambanis and Mallyas of this world will watch and keep quiet if someone is pocketing earnings from their investments?
as for iplt20.com, BCCI signed an MoU with companies (LCM, Netbluelink etc) in which Modi's relatives/friends currently have stakes. this MoU was also for bcci.tv. if ppl had problems with this vendor, they shud have raised it in BCCI or IPL governing council meetings. remember such firms as Sony and Google who own broadcasts rights have not objected to iplt20.com
4. He is favoring specific companies to get the deal and in turn gets personally benefited from that
again a wild allegation. even his worst [current] adversary like Shashi Tharoor has not accused Modi of personally benefiting from franchise deals. Modi's family members got stakes in (teams) Royals and Kings XI thru proper bidding.
>> IPL is not a private company or a private venture. It is a part of BCCI. They are answerable to people
not really 'answerable' to people. as long as their books are clear during ED / IT dept investigations, they are fine. but yes transparency is desirable.
ironically Modi with his tweets brought a level of transparency unheard of in any sport or any other body (govt or private) in this country.
>> Modi must go.
do you think IPL will be what it is, without the hard hours put in by Lalit Modi?
When the incompetent Indian Govt refused to provide security to IPL2 in 2009, he moved the tournament to South Africa and completed it without any apparent glitch.
Lalit Modi is by far the most competent sport administrator in the country. Compare him to Suresh Kalmadi, who has wasted thousands of crores of taxpayers money while disorganizing the Colonial Games. Delhiites are paying for it with tax increases in diesel, cooking gas, kitchen utensils etc.
Or such losers as KPS Gill (there is a sport called Hockey) or Arun Jaitley (Delhi Cricket) ... this Jaitley built the worst cricket stadium in the country. Players incl Sehwag and Gambhir were so put off by favoritism in team selection that they wanted to play for Haryana!
Shashi Tharoor turned out to be yet another corrupt politician who wanted to make some quick buck (70 crores) for his friend. He was caught with his pants down by Lalit Modi and the Congress govt rather uncharacteristically has fired Tharoor with due inquiry and haste. And the authorities are investigating the folks who paid 70 crores to Tharoor's friend. What is there to complain?
>> if that means disbanding IPL, so be it.
any idea how much employment and business opportunities, ipl has created? ask the guys selling stuff to the people standing in Qs to enter the stadia.
Imagine if the iLeague (football) or the PHL (Premier Hockey League) get as much traction as IPL. How much employment (for players, broadcasters, merchandise makers/sellers, street vendors, ground staff) will that create? Why put a spoke in all this with baseless allegations against IPL?
And finally, as a free market capitalist, nothing is more sacred to me than 'opportunities to create wealth'. Thats the panacea for most ills plaguing mankind and especially Indians. IPL has created real economic value. The typical Indian cynicism and the inherent socialist urge to vilify corporates, shud not be allowed to besmirch an institution based on wild accusations. What kind of losers ask for nationalization of a franchise run sports entity?
For all my rant, Lalit Modi may indeed be a corrupt businessman, or BJP vs Congress vs NCP politics maybe at work. But as of this moment, IPL does seem above board. And anyway its the job of the Enforcement Directorate to find irregularities, if any. Let them do it.