Friday, June 4, 2010

Absolute Pawar - corporates Absolutely.


Image courtesy India Today.


The media has been crying hoarse about this "scandal" - Mr Pawar , I do not wish to go into the technicalities for I am sure all those ends will be tied up by you and your people.

I just have a few basic queries......

Why did the Board of the Company pass a resolution that the Company should not enter the IPL ?

Obviously the Managing Director had disclosed his intentions to the Board ( When ? Mr Pawar.) and the Board met , discussed and came to the conclusion to stay away from the gravy train , is that so Mr Pawar ?. When was this Board meeting held, who were all present, where was it held and when did you come to know of your MD's intent and the Board's refusal ?????

No Board , out of the Blue will pass a restrictive covenant against its MD unless it had prior information - one does not see the TATA Board asking Mr Ratan Tata NOT to buy an IPL Team.....so obviously the Board knew of the MD's intentions - maybe as you are a minority share holder, you did not know.

As a responsible Cricket administrator you should have done something - INFORMED THE IPL GOVERNING BODY THAT THIS MD OF YOURS IS A LOOSE CANNON AND THAT THE COMPANY HAS NOTHING TO DO WITH HIS BID.

Even after he had made his "failed" bid. Did you Mr Pawar ? After all your MD was sending a signal to the IPL that his bid has the backing of the all powerful Pawar.

Did you as a responsible cricket lover inform the BCCI of this Bid's illegality - I do not think the Bid was disqualified for lacking the needed corporate backing but it failed because they did not bid high enough.

Theoretically , the document was obtained under your companies name and the tender too submitted under the name of the company and if the company did not authorise him then the whole bid should have been thrown out or your MD obtained a different set of application forms from the IPL under his "personal" name and filled it up and submitted it.

Can the Public see his Bid document Mr Pawar ?

Will make interesting reading , we can find out for sure if he "misused" your good offices.Maybe he has put your name as one of the "minority" share holders , who were the Bankers he has offered ? Let us see what this errant MD of yours has done ?

I DO NOT CARE WHAT YOU TOLD THE PRESS OR THE PARLIAMENT FOR YOU NEED NOT TELL THEM ANYTHING , YOUR PREROGATIVE - BUT THE CRICKET BOARD ? WHAT DID YOU TELL THEM ? IT IS YOUR BABY MR PAWAR.

Lets us take this scenario , just a scenario.....you let it pass because you wanted the Board to know that this bid is yours - unfortunately you took the advice of your protege's CEO - I mean Lalit Modis man, who, had even advised Tharoor to bid around 1200 odd crores , remember the e mail sent by Praful Patel's daughter - you may not. Praful may have leaked this to your MD who stuck to the figure while Shashi , the crafty one, upped the ante. The Board of course felt bad that both your Bid and that of the present IPL chief got thrown out of the window. Your protege got upset and he wanted to get his own back on Tharoor and Tweeted - the rest , as the say , STINKS.

Can we all forget which of you made money through your connections and what not and focus on sending an Indian team to the Asian Games....

I APPEAL TO ALL INDIANS NOT TO WATCH THE NEW ZEALAND SERIES BOTH ON TV AND LIVE , THE MEDIA NOT TO COVER THIS SERIES, IF WE ARE NOT REPRESENTED IN THE ASIAN GAMES.

1 comment:

Raajkumar Kalingarayar said...

Hello Mohan,

Great to see the details in Mohan's Musings.

Bye,
Raajkumar Kalingarayar.

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This work is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 2.5 India License.Creative Commons License
This work is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 2.5 India License.