Pawar denies involvement in IPL bids

Zeecric Bureau

Mumbai: ICC’s President in waiting and Agricultural Minister Sharad Pawar on Friday vehemently denied all reports that claimed that his family had bid for an IPL franchisee during the auctions conducted early this year.

“No member of my family was ever involved with the bidding of an IPL team,” he said.

A newspaper report claimed that the Pawars own 33.6 lakh shares (out of 2.07 crore shares) in City Corporation, a Pune-based construction company which bid Rs 1,176 crore for the Pune team in March.

The shares are held by the Pawar family through two companies, Namratta Film Enterprises Pvt Ltd and Lap Finance and Consultancy Pvt Ltd, which are 100% owned by the NCP supreme and his family. Of the 33.6 lakh shares the Pawars hold in City Corp, 25.6 lakh are through Lap and 8 lakh through Namratta.

Pawar clarified that City Corp had nothing to do with the bid and that ‘Mr Deshpande, in collaboration with MCA and other companies, had bid for Pune at the auctions held on March 21.

“Deshpande had made the bid on a personal basis.”

Supriya Sule, Pawar’s daughter had also denied any role of the Pawar family in IPL bids.

“I say with full conviction that my husband or my family has nothing to do with these issues (the IPL bids)...We always stay miles away from it. Yes, we are avid cricket watchers, my husband, my kids, my family, all, and that’s where the buck stops,” she had said when the Lalit Modi, Shashi Tharoor spat - over the ownership of IPL teams - was at its peak.

Meanwhile, Congress spokesperson Abhishek Manu Singhvi refused to comment anything on the issue and said that Pawar himself is responsible for his act and the political party has nothing to do with it.


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