Lalit Modi Says He Is Ready to Return to India After FEMA Case Relief

IPL founder and former chairman Lalit Modi has said that he is ready to come back to India as he got relief from the Appellate Tribunal in the 2009 Indian Premier League South Africa Foreign Exchange Management Act (FEMA) case.

In a statement, Lalit Modi said, "I'm really happy with the verdict yesterday. It's really been a great day. 16 years I have fought and whatever I have been saying to the media and to everybody has finally emerged as the truth. I'm really happy that the tribunal has ruled in my favour. I was only concerned with the well-being of the IPL and nothing and nothing at all. That is the most dear to me.

Now that chapter is behind me, I'm going to move on in my life and I'm looking forward to coming back to India. I will come back probably end of this year or early next year. My daughter is due with my grandson in October and hopefully everything will be well and I'll be back in India."