Dream Cricket Pvt Ltd, the owners and promoter of the IPL franchise Kings XI Punjab, has filed a criminal complaint against its title sponsor, NVD Solar Ltd and its officials, for "cheating and duping" them of around Rs 14 crore which they were supposed to pay it as per the contract. The KXIP has also issued a legal notice to the company, one of India's leading solar equipment makers, for bouncing of four cheques of Rs 25 lakh each tendered by NVD India to KPH.
Kings XI Punjab's co-owner and noted industrialist Ness Wadia told PTI that they have been left with no other option but to take a legal recourse against NVD Solar Ltd and its Managing Director Saibal Hazra.
"It's a full blown scam. They cheated us of our hard-earned money. They gave us fake accounts of Deutsche Bank London, Wells Fargo Bank New York, Common Suisse Bank Limited, fake swift message, fake names of officials, even sent us mails from fake IP addresses. It's crazy. They always said we will pay you on a certain date but what we got is only fake assurances," said Wadia.