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Rajasthan Royals co-owner Raj Kundra has announced that he is willing to give up his stake in the franchise until he is proven innocent.
Kundra’s comments come after the Mudgal report found that he had been in contact with known bookies and had violated the Board of Control for Cricket in India (BCCI) and Indian Premier League (IPL) anti-corruption code by not reporting it.
As a result, Kundra stated that he is considering giving all his stake in the Rajasthan Royals to Jaipur IPL Cricket Private Limited, who are the parent company of the IPL franchise.
“Applicant, being a man of his words, hereby agrees to transfer his ownership in the shares of Jaipur IPL Cricket Private Limited in the custody of this Hon’ble Court or to such person, as may be appointed by the Hon’ble Court,” Kundra said in an affidavit that was submitted to the Supreme Court on Friday. “He agrees that in such a scenario, he will receive back the shares, or any benefit thereof, only in case he is cleared of all of the present allegations. However, the Applicant clarifies that the above mentioned act is without prejudice and should in no manner be considered as an admission of guilt or as an acceptance of the Said Report. The Said Report has inherent flaws and the Applicant would crave leave to oppose the same by filing a comprehensive reply after receipt of all relevant information, as sought herein.”
Kundra also noted that he wants to get a copy of the materials, discussions and analysis that led to investigators and the Mudgal Committee proving that he had been in contact with bookies.
“In the absence of the aforesaid materials and discussions/analysis, the Applicant is unable to effectively and fully exercise his right to defend himself by inter alia pointing out the errors and anomalies in the material collected by the investigating team or understanding/analysis thereof by the investigating team or the Mudgal Committee,” the affidavit said.