IN WHAT raises questions of potential conflict of interest, Indian cricket team captain Virat Kohli had invested in a company in February 2019, which today is BCCI’s (Board of Control for Cricket in India) official kit sponsor and merchandise partner.
Virat Kohli was allotted Compulsory Convertible Debentures (CCDs) for Rs 33.32 lakh in Galactus Funware Technology Private Limited, a Bengaluru-headquartered company, which owns the online gaming platform Mobile Premier League (MPL). Galactus is a subsidiary of M-League Pte Ltd, a company registered in Singapore in April 2018.
On November 17, 2020, BCCI announced MPL Sports as the new kit sponsor and official merchandise partner for the Indian cricket team.
As part of the three-year agreement, senior Indian men, women and under-19 teams will sport MPL jerseys. The Indian team has been sporting the MPL Sports — an arm of…