Business
Ashneer 'sold' passes of ICC T20 WC 2021 for crores, claim sources

New Delhi, March 16
Adding fuel to the ongoing Ashneer Grover-BharatPe saga, multiple sources on Wednesday confirmed that Grover allegedly sold thousands of free passes during ICC Mens' T20 World Cup 2021 last year and pocketed couple of crores from the sale of most of those passes.
BharatPe was the Global Partner of the tournament.
Sources close to the development told IANS that Grover allegedly sold each pass for at least 750 dirhams (approximately Rs 15,000) and in the process, made several crores, which were allegedly deposited in a Dubai account.
Generally, a Global Partner gets around 700 free passes for one match and the fintech platform had thousands of passes to distribute, and most of which were allegedly sold, according to sources.
Some BharatPe employees told IANS that they were given passes for the common stands but not the VIP ones.
The ICC T20 World Cup 2021 was hosted by the UAE and Oman across four venues - Sharjah, Dubai, Abu Dhabi, and Muscat - from October 17. The final of the tournament was played in Dubai on November 14. Sixteen teams participated in the tournament.
In June last year, the International Cricket Council (ICC) entered into a strategic partnership with BharatPe from 2021 to 2023.
The agreement ensured BharatPe's involvement and integration at all ICC events throughout the term.
Grover had said then that this association "will enable us to build a stronger relationship with our existing merchants, as well as engage better with millions of new, small merchants across the length and breadth of India".
The fintech platform recently sacked Grover's wife Madhuri Jain Grover over alleged financial irregularities during her tenure as Head of Controls to the tune of crores of rupees.
Post this, Grover had resigned, saying that he is being forced to quit a company of which "I am a founder".
In a statement, BharatPe said it "reserves all rights to take further legal action against him (Ashneer Grover) and his family".
Earlier this month, the fintech platform revealed that Grover, his wife Madhuri Jain, and their relatives were engaged in extensive misappropriation of company funds and grossly abused company money to fund their lavish lifestyles.

8 hours ago
"Not about witch hunt to blame pilots but ...": Aviation Safety consultant Mark D Martin slams AAIB report on Air India flight 171 crash

12 hours ago
EU urged to respond firmly as Trump's tariff threat sparks outrage

12 hours ago
South Korean Prez appoints special envoys to EU, France, Britain, India

15 hours ago
EAM Jaishankar to visit China today for SCO meeting

15 hours ago
Axiom-4 splash down on July 15 at 3 pm: Jitendra Singh on Shubhanshu Shukla's return

15 hours ago
Mexico calls new US tariffs unfair, launches bilateral negotiations

15 hours ago
Parts of Grand Canyon in US remain closed due to growing wildfires nearby

15 hours ago
Dutch PM voices concern over US tariffs on EU goods

15 hours ago
TN goods train fire sparks evacuation, Chennai rail services hit

15 hours ago
President Murmu nominates four members to RS; PM Modi extends best wishes

15 hours ago
Sivaganga custodial death: Vijay leads TVK's protest in Chennai demanding justice

15 hours ago
Why no RG Kar-like mass outcry on Kasba law college rape case?

15 hours ago
Living martyr of Kerala's political violence, C. Sadanandan Master, nominated to Rajya Sabha