'Truth has prevailed' - Lalit Modi after High Court declares facilitation fee as not illegal

Former IPL Chairman Lalit Modi, who was banned for his life from the BCCI owing to accusations behind the source for facilitation fee, has finally been able to prove his side innocent. The Bombay High court had declared in favour of Modi stating that the facilitation fee, (an amount that MSM (Sony) was to pay to WSG (Mauritius) or WSGM,) which led to the expulsion of Modi from both BCCI and the IPL, has been deemed as legal.

Justice BP Colabawala of the Bombay High Court adjudged that the WSGI, which owned IPL’s rights in the 2008-17 period, helped BCCI earn Rs. 1791 crore more and “acted in the interest of the BCCI”. Further, the facilitation free to the tune of Rs. 425 crore was held a bona fide clause by the court with respect to the three-party agreement among the BCCI-WSGI-MSM. Earlier, the BCCI claimed that only Modi was aware of it, however, the court ruled that all the parties were aware.

Now I will sue all in the UK: Lalit Modi

Modi mentioned that he had taken a lot of effort in building up the IPL which has grown into a massive business at the moment. He predicted the tournament to become a global entertainment property in a few years. Modi added that despite all, he ensured that the tournament was live on TV without any cost for the fans.

“Time is a factor, I single-handedly built the IPL. Not that I care but the BCCI banned me for life. Guess what I made recession (economic slowdown of 2008) Modi proof. Mark my words it will be a global showpiece from India. It will be a big entertainment property globally. And I did it free of cost for my country to watch on TV,” Modi told Cricbuzz on Sunday.

Modi, who is currently in the UK, revealed the “sad part” of the wrong accusations against him as he and his family have been refused to enter the grounds on a paid ticket. He claimed that he will take legal action against the BCCI from the UK court for all that he had to face for so many years.

“The sad part is the petty members, who live off my creation, are so scared of my shadow that they even refused entry to my children on a paid ticket. Only question now is what will media say – fugitive? Go ahead try. Now I will sue all in the UK, then see the fun (sic),” he added.