BCCI suspends Shilpa's hubby Raj Kundra

The Board of Control for Cricket in India (BCCI) suspended Rajasthan Royals co-owner Raj Kundra for involvement in the IPL betting scandal. The decision was taken in the BCCI's emergent working committee meeting on Monday. This happened after Kundra’ statement given to Delhi Police of betting on the Rajasthan Royals matches during the IPL. The BCCI working committee and the board's head of the interim arrangement, Jagmohan Dalmiya arrived at this decision on the basis of Delhi Police commissioner Neeraj Kumar's statement that Kundra had admitted to betting in IPL over the last two years in his own team and in other teams As per clause 11.3 (C) of the franchise agreement, a team can be terminated in the event of any of the owners bringing the game into disrepute. Kundra and his wife Shilpa Shetty have 11.7 per cent stakes in Rajasthan Royals through Kuki Investment. Suresh Chellaram and Family (Tresco International Limited) have the bulk of the shares with 44.2 per cent while Manoj Badale (Emerging Media) has 32.4 per cent stakes. Lachlan Murdoch (Blue Water Estate Limited) has 11.7 per cent stakes. Talking on the matter RajKundra's lawyer Majid Memon said that BCCI's 'unilateral decision' to suspend Raj will be challenged.

Tag: bcci suspends shilpas hubby raj kundra, ipl spot-fixing, bcci, raj kundra, rajasthan royals, cricket news, shilpa shetty

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