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	<title>Ness Wadia &#8211; The Correspondent</title>
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		<title>Wadia controversy: COA to Discuss Issue on May 3</title>
		<link>https://thecorrespondent.in/business/wadia-controversy-coa-to-discuss-issue-on-may-3/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=wadia-controversy-coa-to-discuss-issue-on-may-3</link>
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		<pubDate>Wed, 01 May 2019 07:37:57 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[International]]></category>
		<category><![CDATA[Nation]]></category>
		<category><![CDATA[IPL]]></category>
		<category><![CDATA[Kings XI Punjab]]></category>
		<category><![CDATA[Ness Wadia]]></category>
		<guid isPermaLink="false">https://thecorrespondent.in/?p=202121</guid>

					<description><![CDATA[<p>IPL franchise Kings XI Punjab co-owner Ness Wadia&#8217;s suspended jail sentence of two years for illegal possession of drugs in Japan is likely to come up for discussion during the Committee of Administrators&#8217; (COA) next meeting in Mumbai on May 3. Wadia was arrested earlier this year at an airport in Japanese town Hokkaido for [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://thecorrespondent.in/business/wadia-controversy-coa-to-discuss-issue-on-may-3/">Wadia controversy: COA to Discuss Issue on May 3</a> appeared first on <a rel="nofollow" href="https://thecorrespondent.in">The Correspondent</a>.</p>
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<p>IPL franchise Kings XI Punjab co-owner Ness Wadia&#8217;s suspended jail sentence of two years for illegal possession of drugs in Japan is likely to come up for discussion during the Committee of Administrators&#8217; (COA) next meeting in Mumbai on May 3.</p>



<p>Wadia was arrested earlier this year at an airport in Japanese town Hokkaido for possession of 25gm of cannabis resin. His sentence has been suspended for five years.</p>



<p>As per IPL&#8217;s Code of Ethics, no person associated with the team can bring the game into disrepute and there is a clause which can lead to suspension of teams as it happened with CSK and Rajasthan Royals during the IPL spot-fixing scandal.</p>



<p>However, it is still not clear whether the matter will be handed over to the IPL Ethics Committee &#8212; comprising three office-bearers (acting President CK Khanna, acting Secretary Amitabh Chaudhary and treasurer Anirudh Chaudhry) &#8212; or the newly appointed Ombudsman DK Jain.</p>



<p>&#8220;The matter will come up for discussion on May 3 at the COA meeting in Mumbai. It needs to be discussed whether the COA will refer the matter to Justice Jain or the three office-bearers.</p>



<p>&#8220;Since we have a retired SC Judge as Ethics Officer, it&#8217;s only fair that the matter is referred to him,&#8221; a senior BCCI official said.</p>



<p>When asked if Kings XI Punjab can be suspended, the official said: &#8220;It&#8217;s all in the realms of speculation. The BCCI legal team, Ombudsman all need to come together.&#8221;&nbsp;</p>



<p>There is no clarity on whether Wadia&#8217;s sentencing, even if it brings disrepute to the franchise, can actually lead to a team&#8217;s suspension.</p>



<p>&#8220;The matter is not directly related to IPL. Yes one owner was arrested in a foreign country. Now his image is tarnished.</p>



<p>&#8220;If that affects the brand, then action should be taken against the owner and not the brand. In any case, proper procedures will be followed,&#8221; said the official. </p>



<p style="text-align:right"><em>The
Correspondent Bureau with inputs from agencies</em></p>
<p>The post <a rel="nofollow" href="https://thecorrespondent.in/business/wadia-controversy-coa-to-discuss-issue-on-may-3/">Wadia controversy: COA to Discuss Issue on May 3</a> appeared first on <a rel="nofollow" href="https://thecorrespondent.in">The Correspondent</a>.</p>
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		<title>Ness Wadia Sentenced for Drug Possession in Japan</title>
		<link>https://thecorrespondent.in/business/ness-wadia-sentenced-for-drug-possession-in-japan/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=ness-wadia-sentenced-for-drug-possession-in-japan</link>
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		<pubDate>Tue, 30 Apr 2019 07:15:29 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[International]]></category>
		<category><![CDATA[Japan]]></category>
		<category><![CDATA[Ness Wadia]]></category>
		<guid isPermaLink="false">https://thecorrespondent.in/?p=202046</guid>

					<description><![CDATA[<p>Ness Wadia, son of industrialist Nusli Wadia and inheritor of one of India’s wealthiest business families, has been sentenced for drugs possession while on a skiing holiday to Japan. Ness Wadia, heir to the 283-year-old Wadia Group and co-owner of the Kings XI Punjab cricket team, was arrested in early March at New Chitose Airport [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://thecorrespondent.in/business/ness-wadia-sentenced-for-drug-possession-in-japan/">Ness Wadia Sentenced for Drug Possession in Japan</a> appeared first on <a rel="nofollow" href="https://thecorrespondent.in">The Correspondent</a>.</p>
]]></description>
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<p>Ness Wadia, son of industrialist Nusli Wadia and inheritor of one of India’s wealthiest business families, has been sentenced for drugs possession while on a skiing holiday to Japan.</p>



<p>Ness Wadia, heir to the 283-year-old Wadia Group and co-owner of the Kings XI Punjab cricket team, was arrested in early March at New Chitose Airport in the northern Japanese island of Hokkaido. According to a brief report carried by a local Hokkaido station of state broadcaster NHK, customs officials at New Chitose were alerted to Wadia by sniffer dogs and a search revealed that he had about 25g of what appeared to be cannabis resin in his trouser pocket.</p>



<p>The Wadia empire has many units, which include Bombay Dyeing, Bombay Burman Trading, biscuit giant Britannia Industries to budget airline GoAir and a share in IPL franchise Kings XI Punjab with the total market valuation of its listed entities standing at $13.1 billion. A court official in Sapporo told the Financial Times that Wadia admitted to possession, arguing that the drug was for his personal use.</p>



<p>Japan’s narcotics laws are strict and are currently being applied especially tightly. Wadia spent a period in detention before his indictment on March 20 and an undisclosed period of detention before a court hearing. The Sapporo District Court handed him a two-year prison sentence, which was suspended for five years.</p>



<p style="text-align:right"><em>The
Correspondent Bureau with inputs from agencies</em></p>
<p>The post <a rel="nofollow" href="https://thecorrespondent.in/business/ness-wadia-sentenced-for-drug-possession-in-japan/">Ness Wadia Sentenced for Drug Possession in Japan</a> appeared first on <a rel="nofollow" href="https://thecorrespondent.in">The Correspondent</a>.</p>
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