Washington, Feb. 20: Texan cricket tycoon Sir Allen Stanford is being investigated by the Federal Bureau of Investigation over a suspicion that he ran a form of ponzi scheme through his Stanford International Bank.
Stanford, who is currently being investigated for a 6.4 billion pound fraud, could face criminal fraud charges, US law enforcement sources said.
Federal prosecutors are expected to probe whether his bank was involved in a Ponzi scheme, in which money from new investors who used to pay high returns to older investors, The Telegraph reports.
In a major relief to IPL chairman Lalit Modi, the Supreme Court had ordered that the Rajasthan Cricket Association (RCA) elections, which were originally scheduled for February 22, be held on March 1.
A Bench comprising Chief Justice K.G. Balakrishnan and Justice P Sathasivam said Justice N. M. Kasliwal would act as an observer.
The court made it clear that the elections would be held as per the old unamended constitution of the association of February 11, 2005.
Barbados (West Indies), Feb. 21: Injured England all-rounder Andrew Flintoff is reportedly under pressure not to play in the 2009 Indian Premier League Twenty20 competition.
With Australian captain Ricky Ponting and several other players from that country deciding to opt out, Flintoff's fragile fitness has assumed a larger than life picture, especially in the wake of England failing to win the third Test in Antigua.
Karachi, Feb. 21 : Top Pakistani cricket officials may have denied Javed Miandad more say in the working of the Pakistan Cricket Board (PCB), but the veteran cricketer is in great demand in Afghanistan.
Miandad has said that he has received an invitation from Afghanistan to give tips to their cricketers.
"I received a telephone call from Afghanistan''s Sports Minister who wanted me to tour their country. I have no problems in travelling to Afghanistan and giving tips to their cricketers," The News quoted Miandad, as saying.
Injured Australian fast bowler Shaun Tait's international career hangs in the balance with doctors refusing to state a specific date for his comeback. Tait is thus in doubt for playing the ODI series against South Africa.
Tait, Australia's fastest bowler is down with chronic hamstring tendonitis. He sustained a left-hamstring tear during a domestic ODI match against Queensland in Brisbane on December 3.
Washington, Feb. 20: Texan cricket tycoon Sir Allen Stanford is being investigated by the Federal Bureau of Investigation over a suspicion that he ran a form of ponzi scheme through his Stanford International Bank.
In a major relief to IPL chairman Lalit Modi, the Supreme Court had ordered that the Rajasthan Cricket Association (RCA) elections, which were originally scheduled for February 22, be held on March 1.
Barbados (West Indies), Feb. 21: Injured England all-rounder Andrew Flintoff is reportedly under pressure not to play in the 2009 Indian Premier League Twenty20 competition.
Karachi, Feb. 21 : Top Pakistani cricket officials may have denied Javed Miandad more say in the working of the Pakistan Cricket Board (PCB), but the veteran cricketer is in great demand in Afghanistan.
Injured Australian fast bowler Shaun Tait's international career hangs in the balance with doctors refusing to state a specific date for his comeback. Tait is thus in doubt for playing the ODI series against South Africa.
