IPL Chairman Lalit Modi was on Friday granted anticipatory bail by the Rajasthan High Court in a case of alleged cheating and forgery.
Justice SP Pathak granted anticipatory bail to Modi, against whom a complaint was registered by an NGO Nagrik Morcha accusing him of irregularities in disbursement of funds to the tune of Rs 6 crores which the IPL had promised to give to the Chief Minister’s Relief Fund for the help of victims of May 13 Jaipur bomb blasts last year.
A case was registered against Modi under Section 420 (cheating) and 467 (forgery) of the IPC at Jyoti Nagar Police Station in Jaipur.
According to the FIR, after a match between Rajasthan Royals and Mumbai Indians on May 17 last year at SMS stadium in Jaipur, Modi had presented a cheque of Rs six crore to then chief minister Vasundhara Raje but the entire amount was never deposited.
Counsel of the complainant Ajay Kumar Jain objected to granting of bail to Modi.
However, Modi’s counsel Swadeep Singh Hora claimed there was no case made out aginst him nor was there any dishonest intention to cheat anyone as the amount was ultimately a charity.
“No doubt the promised sum of Rs. 6 crore fall short by 20 lakhs but still Rs 5 crore 80 lakhs was already paid, it was not like any cheque was paid to the government rather it was merely a symbolic cheque that was handed over on May 17 last year showing the intention of the eight teams and four sponsors of the IPL to pay a pooled sum of Rs. 6 crores for the help of blast victims,” Hora told the court.
He said the amount “could have been paid in total but due to financial crises two of the sponsors namely Citibank and Kingfisher withheld the amount due to be paid.”