Thursday, April 22, 2010

Srinivasan clearly has conflict of interest in IPL: Muthiah

Published>Thu, Apr 22 10 01:52 PM

Former BCCI president AC Muthiah on Thursday said board secretary N Srinivasan, who is also the owner of Chennai Super Kings, has no right to convene the IPL Governing Council meeting on April 26 as there is conflict of interest in his position.

"I quite agree with Lalit Modi. Srinivasan is an interested party and I filed a case against him for conflict of interest. He is a secretary and he is a holder of franchise. It is clear he has no right to call for a meeting.

"These amendments have been retrospectively done to suit some of the franchises especially him. The original framework regulation was that no administrator can take part in any commercial interest concerning BCCI and when I filed the case they retrospectively amended this clause excluding the IPL.

"He is a franchise holder, he has no business to call for a meeting. He is clearly subjected to conflict of interest. They are all responsible for this mess because they are just amending the regulations suiting everything for their own interest," he said.

IPL commissioner Lalit Modi has also argued that Srinivasan has a conflict of interest because of his stake in the Chennai Super Kings and therefore he doesn't have the right to convene the Governing Council meeting on April 26.


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