Nita Ambani has been summoned to reply to a conflict-of-interest complaint that has been filed against her by Vineet Saran, the BCCI’s ethics officer. The director at Reliance Industries, whose company Viacom18 purchased the digital rights to broadcast IPL from 2023 to 2027, is also the owner of the Mumbai Indians franchise.
Sanjeev Gupta, a former MPCA member, filed a complaint against Nita Ambani over this situation. He is the one who first made this known, and the BCCI has since taken control of it.
Nita Ambani’s dual roles as director of Reliance Industries and owner of the Mumbai Indians are incompatible, in Gupta’s opinion. Ambani has until September 2 to provide a formal statement in response to this lawsuit.
The notice served to Nita Ambani read, “You are hereby informed that a complaint has been received by the Ethics Officer of the Board of Control for Cricket in India under rule 39(b) of the rules and regulations of BCCI regarding certain acts allegedly constituting ‘conflict of interest’ on your part. You are directed to file your written response to the accompanying complaint on or before 2-9-2022.”
Viacom18 purchased the rights to broadcast the Indian Premier League for the following five years during the IPL media rights auction that was conducted in June. Viacom18 was able to secure the media rights for INR 23,758 crores despite competition from Star, Sony, and a number of other corporations.
As a result, the IPL rose to the status of one of the most costly sports franchises in the world. Viacom18 purchased the media rights for South Africa, the UK, Australia, and New Zealand in addition to the IPL. They hold the rights to broadcast games on television and online in these regions of the world.