Sunanda surrenders sweat equity in Kochi IPL team

New Delhi, Apr 18 (PTI) Sunanda Pushkar on Sunday quit
Rendezvous Sports World which is a stakeholder in IPL Kochi
after she decided to return her free equity worth Rs 70 crore
to the franchise in a last ditch attempt to save her friend,
Union Minister Shashi Tharoor.
The 48-year-old business executive, based in Dubai,
decided to disassociate from the franchise in the wake of
allegations that Tharoor had misused his office to secure the
bonanza for Sunanda.
Rendezvous is understood to have accepted her
resignation.
Sunanda's decision to quit came after her dramatic
announcement that she was voluntarily surrendering her equity
to IPL Kochi.
This came shortly after Tharoor had met Prime Minister of
India Manmohan Singh and explained his controversial role in
"mentoring" the Kochi franchise.
In a statement from Dubai, Sunanda said she was shocked
to find "certain vested interests" questioning her credentials
and because of the "unpleasant publicity" she was opting out.
Sunanda said, "as a woman professional, I am shocked to
find how easily certain parties with vested interests,
questioned my credentials mainly because I am a woman. I,
therefore, voluntarily offer to return to Rendezvous the sweat
equity they had offered me.
"I do not intend to seek compensation for the efforts I
have made so far for them. As a mother of a half-Malayali son,
I wish Kerala cricket well and I hope this team succeeds
handsomely in IPL-4 and in the years to come," she said. MORE
PTI RHP
AHM


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