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New Delhi: The Supreme Court on Friday issued a notice to BCCI secretary and IPL franchise Chennai Super Kings co-owner N Srinivasan on the issue of 'conflict of interest'.
The Supreme Court issued a notice on petition filed by former BCCI president AC Muthaiah challenging BCCI members from owning IPL teams. Muthaiah had raised issue of conflict of interest after financial irregularities were seen in the accounts of the Twenty20 tournament.
Reacting to this move from the Supreme Court, suspended IPL chief Lalit Modi spoke exclusively to TIMES NOW and said, "This is in court for sometime now. They have an issue out here which needs to be sorted. What Muthaiah has been alleging is something that needs to be looked into. I am just starting to look at my paper works and yes I do think there is an issue here. At first glance there is a problem here and I will look into it seriously."
"Things have been done out here for sure and I have to see the paper trail that has been created in this case," added Modi.
Muthaiah in his petition stated that no administration of BCCI should have direct of indirect commercial interest in the IPL. Muthaiah said that an independent probe over the financial irregularities of the IPL should be conducted. He also challenged BCCI's permission to grant secretary N Srinivasan to own Chennai Super Kings -- an IPL team.
