Published>Fri, Jun 04 10 11:48 AM
New Delhi: Union minister Sharad Pawar today dismissed reports of his family's involvement in the City Corporation's failed bid for the Pune IPL team, saying the construction company's Managing Director made the attempt in his individual capacity.
Amid reports alleging Pawar family's shareholding in the company, which ultimately lost the bid to the Sahara Group, Pawar said, "I have stated earlier also that neither I nor any of my family members were involved in any IPL team or the bidding process and I reiterate that statement."
The Pawar family reportedly has a sizeable shareholding in the Pune-based company but the former BCCI President insisted that the company's Managing Director Aniruddha Deshpande was given permission by its Board of Directors to get involved in the bid in an individual capacity.
"We were not involved at all in the bidding process.
Source: Web Search
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