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IPL spot-fixing: BCCI suspends Raj Kundra

IPL spot-fixing: BCCI suspends Raj Kundra

New Delhi: The BCCI has suspended Rajasthan Royals co-owner Raj Kundra from all cricket activities pending inquiry into his alleged involvement in the IPL betting scandal.

Kundra was questioned by the Delhi Police in connection with the IPL spot-fixing and betting scandal.

The decision to suspend Kundra comes after the police claimed that Kundra had confessed to betting.

Reacting to the BCCI’s decision, Kundra’s counsel Majeed Memon described it as shocking.

“It’s shocking to find that BCCI has taken a unilateral decision to suspend Raj Kundra. We’re hearing this from media. They haven’t even sent a show cause notice.”

“There is no substance in the allegations against Raj Kundra, this decision of the BCCI is most unjust,” Memon said on Monday.

Rajasthan Royals have already issued a statement saying that Kundra is only a minority shareholder in the franchise and if he is found guilty, he’ll forfeit his shares.

His name came in a statement recorded by his business partner Umesh Goenka, a bookie, during investigations.

Delhi Police claimed that Kundra was into betting but not into fixing. Their questioning was basically into betting, police sources said.

Delhi police had seized Kundra`s passport and asked him not to leave the country till the spot-fixing probe is over.

Kundra and his wife Shilpa Shetty have 11.7 per cent stakes in Rajasthan Royals through Kuki Investment.

Suresh Chellaram and Family (Tresco International Limited) have the bulk of the shares with 44.2 per cent while Manoj Badale (Emerging Media) has 32.4 per cent stakes. Lachlan Murdoch (Blue Water Estate Limited) has 11.7 per cent stakes.

 

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