New Delhi, May 1 (IBNS): Indian Premier League (IPL) franchise Kings XI Punjab might find themselves in a big trouble over their co-owner Ness Wadia's sentencing in Japan for possessing drugs, media reports said.
As per IPL rules, no team official can bring disrepute to the franchise, tournament or Board of Control for Cricket in India (BCCI). If any official is found guilty, that particular team can also get banned.
Ness Wadia, the eldest son of Nusli Wadia and heir to the Wadia group business empire, has been sentenced to a two-year jail term.
According to a news report by Financial Times, Ness, co-owner of Kings XI Punjab which he nurtured with his estranged former girlfriend Preity Zinta and others, was found in possession of 25 grams of cannabis resin in March. He was reportedly arrested in Japan in March.
The Wadia Group reportedly said Ness was awarded the jail term by the Japanese court but the sentencing has been suspended.
He reportedly came back to India.
Following the news of his jail term, media report said the shares of Wadia Group, which owns iconic brands like Bombay Dyeing, has fallen to 17 per cent.
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