The business of… the IPL scandal
The Indian Premier League was set up in 2008, and is now worth a cool $4 billion. But its fate is in the balance following recent allegations of corruption, fraud, and match-fixing.
May 2, 2010 12:23 by Katherine Azmeh
“I am not a proxy for Tharoor,” insisted Dubai-based businesswoman Sunanda Pushkar, in a statement quoted in local press reports.
Pushkar – a “friend”, and alleged girlfriend, of Tharoor – is central to the IPL scandal that brought down the former minister’s political career. Revelations that Pushkar received free equity in the IPL Kochi team raised eyebrows.
While Tharoor denied any wrongdoing, he resigned amid the scandal. The Kochi team will reportedly be based in Tharoor’s home state of Kerala, the BBC reported.
Chocolate Academy opens in Dubai
Dubai builder Arabtec wins $152 million contracts in Abu Dhabi
Grief on King Abdullah’s death pours through social media
Middle East investors target Spanish Green shoots
Davos mourns King Abdullah