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Sunanda's lawyer says she has voluntarily given up stake in IPL Kochi consortium | Sunanda Pushkar's lawyer, Ashish Mehta, on Sunday said that she has voluntarily given up her Rs 70 crore 'sweat equity' stake in the Indian Premier League (IPL) Kochi consortium, adding that her decision has nothing to do with Minister of State for External Affairs, Shashi Tharoor. "She has given her stake voluntarily
and seeks no compensation," said Mehta. "Sunanda is deeply distressed with the
whole issue," he added, asserting that it had nothing to do with Tharoor. Sunanda
Pushkar had a 4.7 percent stake in the IPL Kochi franchise. Earlier, there were
reports that Sunanda may sell off her sweat equity in the Kochi IPL franchise
to avoid further scrutiny and unnecessary publicity. Tharoor is reportedly in
trouble after IPL Commissioner Lalit Modi tweeted to reveal that Sunanda, a close
associate of Tharoor, had been gifted sweat equity worth Rs 70 crores in the new
Kochi team, which was sold for Rs 1530 crores last month. Modi in his email to
the Board of Control for Cricket in India (BCCI) chief Shashank Manohar had stated
it was Tharoor who called him and instructed him not to reveal the identities
of the stakeholders of the Kochi IPL franchisee. Tharoor, however, has denied
this. Tharoor said he had 'enough' of the controversy and denied securing any
monetary interest in the Kochi IPL team. |
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