Lalit Kumar Modi – the wielder of power behind the scenes?
The Times of India rated him as the 30th most powerful Indian while Forbes Magazine citied him as one of the most powerful personalities in sports.
http://www.senore.com/Cricket/Lalit-Kumar-Modi-c72144 has earned a notorious name in the sport of cricket in India. He is known to be the mastermind who crafted the all famous Indian Premier League (IPL) and served as the Vice President for the Board of Control for Cricket in India (BCCI),
between 2005 and 2010.
He is also the President and Managing Director of his family’s empire, Modi Enterprises, and the Executive Director of Godfrey Phillips in India.
Modi currently stands in a debate with the BCCI over monetary and corruption allegations.
Lalit Modi holds a troubled past as a child. His father, Chairman of the wealthy Modi Enterprise, had gone tired of his son’s constant trouble makings. Due to Modi’s disliking for schools, the father always jumped him from one institute to another.
For his higher education, Modi fled to http://www.senore.com/Cricket/Duke-c54717 University in North Carolina. The youngster’s arrival in the States brought even more trouble for Modi’s father.
As a second year student at Duke University, in 1985, Modi was arrested. The charges included drug trafficking and assault with a deadly weapon.
The same year, Modi was again charged with kidnapping and assault. Through a plea bargain, Modi’s sentence of two years in prison was suspended and he returned to India on health issues. The plea was accepted with a requisite of 200 hours of community work.
The following year, Modi returned to http://www.senore.com/Cricket/India-c750 and engaged himself with Modi Enterprise till 1999. However, he again made headlines for losing billions in betting and smuggling drugs in the UAE.
As for his career in the sport of cricket, Modi was not http://www.senore.com/Cricket/Himachal-Pradesh-c791.
However, Modi decided to cling on to the sport as he sensed making money out of it.
In 2005, Lalit Modi stood for the President of the http://www.senore.com/Cricket/Sharadchandra-Govindrao-Pawar-c89751, Modi swiftly became the Vice President of
BCCI.
Soon after his appointment, Modi embarked upon initiating the most lucrative plan the cricketing world has ever seen, the IPL.
The event kicked off in 2008, creating a new era in the sport of cricket. The league soon turned into major prime time entertainment as Modi instilled the tournament with cheerleaders, famous Bollywood celebrities, cricketers from all over the world and
Modi’s personal favorite, a lot of money.
As the IPL grew into the sixth most valuable sporting event in the world, its brand value hiked to a massive USD 4 billion. However, it seemed that Modi never let go of his past.
In 2010, as the Chairman of IPL, Modi was alleged with corruption charges by the BCCI. The allegations came forward after match fixing and money laundering trials that involved Indian politicians and some top personalities of the country.
Lalit Modi, who still holds silent stakes in some of the top clubs of the league, was eventually asked to step down as http://www.senore.com/Cricket/Mal-Loye-c1879 of IPL as well as the Vice President of BCCI.
Modi currently resides in London, however, his frequent appearances in the IPL still remind officials of his existence in the game.
The BCCI has recently alleged Modi for his involvement in the newly born Sri Lankan Premier League, and barred some Indian cricketers from playing.
As for now, things seem a little silent on Lalit Modi’s end as he constantly denies any accusations against him. However, for a person like Modi, one should always expect something new or as some might say, notorious.
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