Lalit Modi says he will return to India in the near future after a major legal ruling. According to NDTV and Times of India, Modi, who has been living abroad, frames the SAFEMA Appellate Tribunal verdict as the culmination of a long legal process, which he says has lasted about 16 years. Both reports link the decision to a 2009 IPL-related case and to actions involving foreign exchange transactions. Times of India adds that the tribunal sets aside much of the Enforcement Directorate’s findings and penalties connected to those foreign exchange matters, while Modi describes the outcome as a form of vindication and says the “chapter is behind me.” NDTV similarly reports that Modi reacts to the tribunal’s ruling and indicates that he will return to India by early next year, with his timeline depending on the steps following the verdict. The reports present his statements about his intended return as follows the tribunal’s relief.
Lalit Modi says he will return to India after SAFEMA tribunal verdict
Lalit Modi says he will return to India in the near future after a major legal ruling. According to NDTV and Times of India, Modi, who has been living abroad, frames the SAFEMA Appellate Tribunal verd...
- Lalit Modi says he plans to return to India soon after the SAFEMA Appellate Tribunal verdict.
- The tribunal ruling concerns a 2009 IPL-related matter involving foreign exchange transactions.
- Modi characterizes the legal fight as lasting about 16 years.
- Times of India reports the tribunal sets aside most Enforcement Directorate findings and penalties related to the case.
- Modi states he views the verdict as vindication and indicates he will return by year-end or early next year.
Referring to the ruling, Lalit Modi, who lives abroad, said his 16-year-long legal fight has come to fruition.
2 hours agoLalit Modi plans to return to India by year-end or early next year. This follows major legal relief from the SAFEMA Appellate Tribunal concerning a 2009 IPL case. The tribunal set aside most Enforcement Directorate findings and penalties related to foreign exchange transactions. Modi stated he fought the case for sixteen years and felt vindicated by the verdict.
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