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MEMBERS in the BCCI might be lauding N. Srinivasan's appointment as the first chairman of the ICC, but former IPL chairman Lalit Modi is a worried man.

"It is truly a sad day in world cricket as Srinivasan takes over as the chairman of the ICC. Despite being removed by the Supreme Court as BCCI chief, he has been formally appointed the first chairman of the ICC after its 52- member council approved a controversial revamp of the body's administrative structure, which in itself is a harbinger of the dark days ahead for world cricket," Modi said.

Commenting on the other concerns that faces Srinivasan, Modi said: "India's FBI, the Central Bureau of Investigation (CBI), is pursuing allegations of fraud committed by him as managing director of India Cements. He is also at the centre of allegations of tax fraud by failing to pay stamp duty on 11 luxury vehicles that were seized by the CBI in March. Srinivasan suffers conflict of interest in world cricket, with his India Cements buying the Chennai Super Kings IPL franchise for $ 91 million. The BCCI wholly owns the billion dollar IPL, so as president of the BCCI, Srinivasan has the influence over the game's biggest T20 competition and therefore the value of his franchise." Modi feels ICC will become largely unaccountable. "The ICC will now become highly politicised, hugely wealthy, largely unaccountable and arguably more representative of the new kind of administration that Srinivasan is known for," he said.

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Publication:Mail Today (New Delhi, India)
Date:Jun 27, 2014
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