Saturday, 27th May, 2017
Snippets

N Srinivasan starts strategy consultancy promoting institutional corruption

29, Jul 2013 By vaibhavc

Chennai. Having survived controversies ranging from conflict of interest in owning an IPL team, employing the Indian captain in his private venture, and the IPL match fixing/betting scandal, stepped aside BCCI chief N Srinivasan today announced that he was starting a strategy consultancy firm U-COR (United in Corruption).

“I am not selfish and want everyone to benefit,” Srini told Faking News in an exclusive interview, “There is no dearth of corrupt talent in our country, what is required is training people in institutionalizing corruption.”

N Srinivasan
Srinivasan wondering if he can make more money through consultancy or cricket

“United we stand, divided we fall,” Srini explained the motto of U-COR.

“I am close friends with politicians from the Congress, BJP, left parties, NCP, SP, BSP, etc. etc. God knows how many political parties are there now,” the BCCI boss revealed the secret of his success, “These parties have helped me, and now I want to help them; by providing them consultancy.”

The consultancy will be paid for, Srini clarified in a party organized to launch is new company.

Mr. Srinivasan disclosed that there was a mad rush of investors for his firm, including many politicians, senior bureaucrats, defense personnel, and cricketers.

“I can’t disclose their names. They are reputed people, with a huge unaccounted for money,” Srini said.

The holding company structure was quite confusing to this correspondent who couldn’t really understand it. Mr. Srinivasan clarified that there was nothing unscrupulous or illegal here, and the financial holding structure has been borrowed from the IPL franchisee model, which is open to the world.

Maran brothers from the Sun TV, with their immense expertise in this domain, have been instrumental in finalizing this structure, sources say.

While N Srinivasan will be the chief consultant and executive of U-COR, many others who have recently got clean chits, such as Pawan Bansal, have been roped in as partners. Unconfirmed sources say that the son-in-law duo of Gurunath Meiyappan and Robert Vadra has been roped in as consultancy enthusiasts.