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IPL 2022: Former IPL Chairman Lalit Modi sued by a Sikh Model for Rs. 50 Crore, check why?

IPL 2022: Former IPL Chairman Lalit Modi sued by a Sikh Model for Rs. 50 Crore, check why?

IPL 2022: Former IPL Chairman Lalit Modi sued by a Sikh Model for Rs. 50 Crore, check why?
IPL 2022 – Ex-IPL chairman Lalit Modi sued: Former IPL Commissioner Lalit Modi finds himself embroiled in yet another controversy. Modi has been sued for a whopping Rs 50 crore by former Indian Sikh model Gurpreet Gill Maag. Maag claims that Modi duped her into investing $2 million (Rs 14 crore) in his cancer treatment […]

IPL 2022 – Ex-IPL chairman Lalit Modi sued: Former IPL Commissioner Lalit Modi finds himself embroiled in yet another controversy. Modi has been sued for a whopping Rs 50 crore by former Indian Sikh model Gurpreet Gill Maag. Maag claims that Modi duped her into investing $2 million (Rs 14 crore) in his cancer treatment company Ion Care. The company was dissolved in 2019 with Gurpreet claiming direct losses of $1 million (Rs 7.5 crore) – Follow IPL 2022 LIVE UPDATES with InsideSport.IN

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IPL 2022: Former IPL Chairman Lalit Modi sued by a Sikh Model for 50 Crore, check why? 
Model Sues Lalit Modi: The case according to reports have been filed in London High Court. The claim by Gurpreet Gill Maag is that the ex-IPL chairman misrepresented & misled her on investments in his company.
Gill has alleged that Modi made her to believe that world leaders such as Prince Andrew, former UN Secretary-General Kofi Annan and former Thailand PM Thaksin Shinawatra had invested in his cancer treatment company called ION CARE.

Maag is claiming direct losses of $1 million (Rs 7 crore) — which she did invest — and consequential losses.

Why Lalit Modi sued by a model? The former model claims that she was persuaded to invest $2 million in the company during a four-hour meeting in Dubai.

According to Gill she and her husband Daniel met Lalit between April 13 and 14, 2018. She further claims that they were given a slide presentation at the Four Seasons hotel in Dubai

Maag alleges that the presentation showed former Pakistan PM Shaukat Aziz, Antigua PM Gaston Browne, Indian politician Sharad Pawar, CEO of Pirelli Marco Tronchetti, billionaire Ravi Jaipuria and deputy PM of the UAE Sheikh Mansour bin Zayed al Nahyan as investors in the company.

She further claimed that Ion Care brand ambassadors named in the slide presentation included Naomi Campbell, Richard Gere, Shah Rukh Khan, Roger Federer, Sachin Tendulkar and Cristiano Ronaldo.
In reality, none of them had been approached, Anna Dilnot QC, representing Maag, said.
IPL 2022: Former IPL Chairman Lalit Modi sued by a Sikh Model for 50 Crore, check why? 
Maag also claims that Lalit Modi implied that had acquired land in Abu Dhabi, Antigua and Thailand to set up his cancer centres and phoned both Brown and Pawar in front of the couple to prove those friendships.
The ex-IPL chairman also told them he was going to have a treatment area at the Magenta Hospital in Delhi.
Lalit Modi fled to London in 2010 after the IPL was embroiled in alleged match-fixing and illegal betting. As for the lawsuit, Lalit Modi’s case is that the presentation and the names taken were just a “vision or wish list”.
However, Maag’s attorney Dilnot alleged he never stated that and it was feasible and its unlikely that there could be a misinterpretation.

“He comes from a well-known Indian family and is well known in India for having set up the IPL and appears to be friends with a great number of influential people. If he had said this is my wish list or vision and I will ask them in due course, there couldn’t be a misrepresentation,” Dilnot said.

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