Current IPL commissioner Chirayu Aminwas involved in the bidding process : Lalit Modi

Posted by Pradip Koti on Jun 04, 2010 | Leave a Comment

Lalit Modi (Suspended IPL commissioner ) said “Sharad Pawar was involved in bids for the Pune franchisee but Chirayu Aminwas (Current IPL commissioner) was involved in the bidding process for the pune.”

Sharad Pawar (Union Minister) has no interest in any matter of IPL, Lalit Modi told.

Lalit Modi also said “I can say without any dout Pawar had no interest in any of IPL matter. . He had absolutely zero interest”.

Lalit Modi insisted that Anirudha Deshpande (Managing director of City Corporation) bid for the IPL team in his individual capacity.
“Anirudha was a bidder for a franchisee in Pune but failed to get a franchisee. He had a consortium–it was the consortium which was going to bid. We had asked the bidders to provide their net worth criteria. He used City Corp as a net worth criteria. He was going to form a new group or company which would have three partners in it,” said Modi.

Modi explained that Deshpande had listed Amin as one of the partners in the new company they would form if they won the Pune IPL team. “Mr Deshpande was holding 80 pc of the equity, 10 pc was Akruti and 10 pc was Mr Chirayu Amin,” he said.

Modi clarified that this equity pattern would have existed had a new company been formed. “We knew very clearly that Mr Pawar and his family were not involved directly or indirectly in the bidding process. As far as the stakeholders were concerned, we knew who they were.”

Pawar on Friday dismissed reports of his family’s involvement in the City Corporation’s bid for the Pune IPL team, saying Deshpande made the attempt in his individual capacity.

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