Advertisement
Sunday, Jan 23, 2022
Outlook.com
Outlook.com

IPL Founder Lalit Modi Accused Of 'Falsely' Naming British Royals As Patrons, Faces USD 7 Million Case In UK - Report

Modi is said to have proposed a global network of cancer centres utilising revolutionary single-dose radiotherapy that had been used on his wife, Minal, who passed away in 2018

IPL Founder Lalit Modi Accused Of 'Falsely' Naming British Royals As Patrons, Faces USD 7 Million Case In UK - Report
Lalit Modi denies the allegations and is defending the claim, brought by Gurpreet Gill Maag, now a Singapore-based venture capitalist also known as Blu. | File Photo
IPL Founder Lalit Modi Accused Of 'Falsely' Naming British Royals As Patrons, Faces USD 7 Million Case In UK - Report
outlookindia.com
2021-08-15T17:53:04+05:30

The London-based founder of the Indian Premier League (IPL), Lalit Modi, is facing an approximately USD 7-million legal challenge in the High Court in England over allegations of misrepresentation by a former Indian model, according to a UK media report on Sunday. (More Cricket News)

‘The Sunday Times’ reports that Modi denies the allegations and is defending the claim, brought by Gurpreet Gill Maag, now a Singapore-based venture capitalist also known as Blu.

She alleges that Lalit Modi persuaded her to invest USD 2 million in a cancer treatment venture called Ion Care. He is accused of “falsely” naming prominent royals, including Prince Andrew – Queen Elizabeth II’s son, among patrons of the scheme.

Modi is said to have proposed a global network of cancer centres utilising revolutionary single-dose radiotherapy that had been used on his wife, Minal, who passed away in 2018.

“He told me that it had given her seven more years of life,” Gill Maag is quoted in the newspaper as having said.

As part of his sales pitch, Modi is alleged to have produced an investor document, seen by ‘The Sunday Times’, that listed as patrons Prince Andrew, former United Nations Secretary-General Kofi Annan and Sheikh Mansour bin Zayed al Nahyan, the deputy prime minister of the United Arab Emirates.

Gill Maag alleges that other prominent figures, including former prime minister of Thailand Thaksin Shinawatra, were separately named by Lalit Modi as investors.

The project, however, is said to have flopped by early 2019 and Gill Maag is now taking legal action, represented by Matthew Evans, a senior associate at Reynolds Porter Chamberlain law firm in London.

The case is expected to go to trial at the High Court in London early next year.

“Unfortunately, despite successfully treating a number of patients, the project was not able to obtain sufficient funding and the company went into liquidation,” reads a statement by Lalit Modi’s lawyers to ‘The Sunday Times’.

“Mr Modi denies the allegations made by Mrs Maag and is defending the claim in full. The matter will be decided by the High Court in due course and Mr Modi is not able to comment further at this time. Mr Modi confirms that no criminal charges have been levelled in any Indian court against him by any of the Indian authorities,” it adds.

Lalit Modi had relocated to London from India in 2010, amid scandals and controversies linked to the cricket IPL.

A spokesperson for Prince Andrew, who has been embroiled in a separate controversy related to his alleged links with the late American financier and convicted sex offender Jeffrey Epstein, said he has “never been a patron of Ion Care and had no knowledge of its existence”.

Advertisement

Outlook Newsletters

Advertisement
Advertisement
Advertisement

Read More from Outlook

Lament Of Separation: Songs Of Habba Khatun, Last Queen Of Kashmir, Still Echo In Valley

Lament Of Separation: Songs Of Habba Khatun, Last Queen Of Kashmir, Still Echo In Valley

In happy times and sad, Habba Khatun’s sensuous songs make both young and old emotional. With the never-ending conflict bringing tragedies to every doorstep, Habba’s lyrics of separation amplify their mourning.

How Indian Laws Govern People’s Right To Love And Live

How Indian Laws Govern People’s Right To Love And Live

In India, only those relationships between a man and a woman are considered to be legitimate when there is a marriage between the two.

Kohli Quits Test Captaincy, Leaves Leadership Vacuum

Kohli Quits Test Captaincy, Leaves Leadership Vacuum

Virat Kohli, 33, had recently stepped down as India's T20I captain and was subsequently removed as the ODI captain.

UP Elections 2022: How Congress Is Harnessing Power Of 'Persecuted' Women To Counter BJP

UP Elections 2022: How Congress Is Harnessing Power Of 'Persecuted' Women To Counter BJP

A Mahila Congress leader, who is the face of the ‘Ladki Hoon, Lad Sakti Hoon’ campaign, however, has accused the party of anti-women bias after she was denied a ticket.

Advertisement