Modi submits important documents to BCCI
Lalit Modi, the suspended IPL chairman, has submitted to the BCCI documents sought by income-tax officers relating to several important IPL contracts. "Some more documents are to come which, we have been told, would be delivered in a day or two," Ratnakar Shetty, the chief administrative officer of the BCCI, told PTI.
The documents submitted reportedly include original as well as notarised copies of all franchise agreements, global media rights agreements, global media rights packages, bids by franchises, media rights licensee agreements, eligibility letters of all bidders with details and sponsorship agreements
The board, previously, did not possess several original documents which included the three losing bids in the 2008 auction where the eight franchises were bought, and the agreement with Multi Screen Media (MSM), which holds the rights to broadcast the tournament. Shetty was entrusted by the BCCI president, Shashank Manohar, following the IPL governing council meeting on April 26, to retrieve the documents.
Modi was suspended by the BCCI following allegations of financial impropriety, and will respond to the charges on May 10. "I have just come to wrap up my reply to the show cause that I have to submit on Monday. I am going to reply personally because there is nothing to hide," Modi was quoted by PTI as saying.