Tout cheats BCCI of `50 cr on land deal
10 Aug 2013 5:26 AM IST
The BCCI is in a soup over a Rs 50 crore land deal for its cricket academy near Bangalore after it emerged that a fraud has occurred.
At a meeting of the sub-committee of the National Cricket Academy on Thursday, members were apprised of the role of a person, who is believed to be the kingpin in the fraud. Sources said the person is neither an employee of BCCI nor associated with any state association but signed documents on behalf of the Board with Karnataka Industrial Areas Development Board (KIADB) for procuring 49 acres of land at a place near the airport. BCCI made a payment of Rs 46.135 crore for the deal in 2010.
Earlier in 2008, BCCI had paid Rs 3.841 crore to Karnataka government for 32 acres of land in Bidadi on the outskirts of Bangalore for building NCA facilities but the deal was called off. Now after having paid nearly Rs 50 crore, BCCI bosses were surprised as to the number of PILs that were filed in the Karnataka HC. On June 20, the HC gave its verdict terming the land deal illegal. This is when BCCI top brass realised that they have been taken for a ride. The person has since then been untraceable.
At a meeting of the sub-committee of the National Cricket Academy on Thursday, members were apprised of the role of a person, who is believed to be the kingpin in the fraud. Sources said the person is neither an employee of BCCI nor associated with any state association but signed documents on behalf of the Board with Karnataka Industrial Areas Development Board (KIADB) for procuring 49 acres of land at a place near the airport. BCCI made a payment of Rs 46.135 crore for the deal in 2010.
Earlier in 2008, BCCI had paid Rs 3.841 crore to Karnataka government for 32 acres of land in Bidadi on the outskirts of Bangalore for building NCA facilities but the deal was called off. Now after having paid nearly Rs 50 crore, BCCI bosses were surprised as to the number of PILs that were filed in the Karnataka HC. On June 20, the HC gave its verdict terming the land deal illegal. This is when BCCI top brass realised that they have been taken for a ride. The person has since then been untraceable.
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