Lalit Modi’s Controversial Legacy: From Global Business Empire to Scandal and Allegations
Pranay Jain March 10, 2025 05:20 PM

Lalit Modi, the mastermind behind the Indian Premier League (IPL), has long been a controversial figure in Indian cricket and business circles. While his family has business operations in over 100 countries, Modi himself has been embroiled in legal troubles and corruption allegations. Recent reports suggest that his actions and decisions have come under intense scrutiny, with accusations of financial misconduct linked to a ₹125 crore scandal.

A Legacy Overshadowed by Controversy

Lalit Modi played a pivotal role in launching the IPL in 2008, revolutionizing the world of cricket with its franchise-based T20 format. However, his success was short-lived as allegations of corruption, financial irregularities, and misconduct led to his ouster from the BCCI (Board of Control for Cricket in India). He fled to London in 2010 and has since remained abroad, avoiding multiple investigations in India.

A Long List of Allegations

Modi has faced multiple accusations, including:

  • Financial mismanagement in IPL broadcasting rights
  • Alleged kickbacks and money laundering
  • Links to betting and match-fixing controversies
  • Unauthorized deals that allegedly benefitted select business entities

The ₹125 Crore Controversy

One of the major allegations against him involves an alleged ₹125 crore deal, raising questions about ethical compromises and financial integrity. Critics argue that despite coming from a wealthy background, Modi engaged in illicit dealings for personal gain, tarnishing his reputation and legacy.

Where is Lalit Modi Now?

Currently residing in London, Modi remains outside India's legal reach. While he continues to defend himself on social media, Indian authorities have pursued legal action to bring him back and hold him accountable for his alleged financial misdeeds.

The Rise and Fall of a Businessman

From building a billion-dollar cricket league to becoming a fugitive, Lalit Modi’s story is one of ambition, power, and controversy. Despite his family's vast global business empire, his own choices have led to legal battles, making him one of the most controversial figures in Indian sports and business history.

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