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Hyderabad Sunrisers have been involved in a huge money laundering scam; IPL Future in play?

Hyderabad Sunrisers have been involved in a huge money laundering scam; IPL Future in play?

The former Minister of the Union and Dravida Munnetra Kazhagam (DMK), the deputy Dayanidhi Maran, dragged her brother, Kalanithi Maran, president of Sun TV Network – The owner of the IPL IPL Sunrisers Hyderabad (SRH)In a legal battle on a bitter dispute involving the control and property of the media giant of several billion rupees.

Dayanidhi Maran made the allegations of cheating, fraud and financial misconduct against his brother Kalanithi Maran, father of the CEO of Sunrisers Hyderabad (SRH), Kavya Maran.

Dayanidhi accused Kalanithi of orchestrating a calculated plan to take total control of the company by manipulating internal internal agreements more than two decades ago.

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Sunrisers Hyderabad (SRH) The owner faces explosive allegations of brother Dayanidhi Maran

The former Minister of the Union said that his brother had taken control of power when their father, the late Murasoli Maran, was seriously ill and that the family was the most vulnerable. The legal opinion was noted not only to Kalanithi but also to seven other people, including his wife, Kaveri Maran.

The opinion, which was published through Law Dharma, a Legal Research Cabinet based in Chennai, on June 10, alleged that Kalanithi Maran is committed to “fraudulent practices”, in particular “cheating and money laundering”.

The opinion requires a complete reversal of the shareholding structure and a return to what was initially agreed in 2003 when everything was finalized under the surveillance of Murasoli Political Heavy Moran and MK Dayalu, wife of the former chief minister of Tamil Nadu Mr. Karunanidhi.

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Dayanidhi Maran demands that the Sun TV shares, alleys Kalanithi crores looted

As Moneycontrol reported, the opinion reads as follows: “In order to take control of the whole company and its assets for the personal benefit of you 1 and 2 (Kalanithi and Kaveri Maran), the n ° 1 of you orchestrated a deceptive and sneaky plan in active plot with number 2 to 8.

As part of the execution of your premeditated fraudulent program, taking advantage of the situation of the family, especially when my client’s health was critical and that he could die at any time and the whole family was concerned about his deterioration in his health, the n ° 1 and n ° 2 of you started your first illegal activity in September 2003. “.

Meanwhile, a legal opinion sent by Dayanidhi Maran accuses his brother Kalanithi Marani of taking the majority control of the Sun television illegally after the death of their father in 2003. He said that Kalanithi allocated 12 Lakh shares with him only 10 ₹ each, despite their real value of 2,500 ₹ to 3,000 ₹.

This decision would have reduced the share of the family of origin by 50% to 20%. The opinion calls for a criminal violation of confidence, estimating the loss at 3,498.8 rates of sterling books.

It also highlights dividend gains of 6,381 Kalanithi crores and seeks an investigation by the FRACON investigation Office on the alleged fraud of 3,500 crores of crores. A family dispute placed on the undervaluation of MK Dayalu’s participation is also mentioned.

Sunrisers Hyderabad (SRH) used for money laundering?

On the other hand, Dayanidhi also said that Sun TV had given false information in his prospectus Red Herring 2006. According to the opinion, Sun TV said that he had paid 10.64 ₹ in dividends to their mother, Mallika Maran, in 2005, but no payment of this type was made.

The opinion is read as follows: “These benefits of crime have been used to enrich you more by the acquisition of precious assets / companies, such as Sun Direct TV LTD, Kal Radios PVT LTD, Kal Airways PVT LTD, Kal Publications PVT LTD, Sunrisers Hyderabad (SRH), South Asian FM, Sun Pictures, a cricket team in ag South AfricaA cricket team in the United Kingdom, Spicejet and other downstream investments. »»

Dayanidhi accuses the company of having deceived the public and hiding the truth. The opinion requires that Kalanithi restores all the actions and assets of Sun TV and companies related to the original owners in 2003.

He also asks him, he and his wife, Kaveri, to return all the income received since then. Otherwise, legal action will be taken. He also revealed that Kalanithi had previously paid 500 believed to their sister Anbukarasi as part of a private settlement after ignoring a previous legal opinion in 2024.

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