Former BCCI President: ED raids the companies of former BCCI President N Srinivasan. The troubles of former Cricket Council of India (BCCI) President N Srinivasan now seem to be increasing.
On Thursday, ED raided several companies of N Srinivasan. ED raids the premises of N Srinivasan’s Chennai-based India Cement Company.
Due to corruption allegations, ED raided India Cement Company. Former BCCI President N Srinivasan is the MD of India Cement Company.
N Srinivasan’s India Cement Company is one of the largest cement companies in the country. India Cement Company owned Chennai Super Kings in the IPL from 2008 to 2014.
India Cement Company also has plants in different places in the country. According to reports, now ED is going to cover up and investigate the locations of India Cement. Due to this N. Srinivasan’s problems may now increase.
N Srinivasan is the owner of the IPL franchise Chennai Super Kings. In the year 2013, N Srinivasan’s team Chennai Super Kings was named for spot-fixing.
After which CSK was banned for two years. Meanwhile, N Srinivasan also had to leave the post of BCCI President. In the year 2008, N Srinivasan became the Secretary of BCCI for the first time.
After this, in the year 2011, he was made the President of BCCI for the first time. N Srinivasan’s tenure as BCCI President has been a mixed one.
While being the president, N Srinivasan greatly boosted the financial condition of the board and the facilities for the cricketers. N Srinivasan also worked hard to establish his company India Cement.