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Lalit Modi's exile from India could be ending soon.
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Former IPL commissioner Lalit Modi expressed great happiness after a recent tribunal ruling set aside the charges and findings brought against him by the Enforcement Directorate. These charges were related to shifting the 2009 IPL edition out of India. Modi, who has been living abroad for more than a decade, stated that he might be returning to India by late 2024 or early 2027. He highlighted that he always acted with the IPL's best interests at heart, and the judgment confirms what he had maintained all these years.
The tribunal upheld two findings from the ED: that the BCCI had remitted a higher amount than recorded in its books and that there was a delay in bringing ticket sale proceeds back to India. However, the penalty was reduced from 4 crore rupees to 1 crore rupees. Modi’s statement emphasizes closure of this chapter and looks forward to a fresh start in life in India.
Modi also shared personal news about his family, noting his daughter's pregnancy with his grandson expected in October. Following this joyful news and legal victory, Modi feels optimistic about his return to India after a long absence due to multiple investigations concerning financial irregularities during his IPL tenure.
The tribunal's ruling offers a significant development in Modi’s long-standing legal challenges and marks a hopeful turning point for his future involvement in Indian cricket and residing back home.
1. Lalit Modi plans to return to India by late 2024 or early 2027 after tribunal clears him.
2. The tribunal reduced penalties related to IPL 2009 foreign exchange violations against BCCI.
3. Modi looks forward to reuniting with family as his daughter prepares to welcome a baby.
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