IPL founder Lalit Modi set to return to India after 16 years
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on Wed, 22 Jul 2026 16:51:51 IST
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IPL founder and first chairman Lalit Modi to return to India.
He says, "I'm really happy with the verdict yesterday. It's really been a great day. 16 years I have fought and whatever I have been saying to the media and to everybody has finally emerged as the truth. I'm really happy that the tribunal has ruled in my favour. I was only concerned with the well-being of the IPL and nothing and nothing at all. That is the most dear to me. Now that chapter is behind me, I'm going to move on in my life and I'm looking forward to coming back to India. I will come back probably end of this year or early next year. My daughter is due with my grandson in October and hopefully everything will be well and I'll be back in India."
The Appellate Tribunal under the Smugglers and Foreign Exchange Manipulators - Forfeiture of Property - Act (SAFEMA) has given major relief to Lalit Modi and other appellants by setting aside most of the ED's findings and penalties in the 2009 IP
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