SRH’s Owners Are In Big Danger, Due To Money Laundering

With the Hyderabad Cricket Association (HCA) under investigation and shocking money-laundering claims connected to domestic family conflicts, Sunrisers Hyderabad (SRH) and its owners are in the news.

What Happen?

A legal notice accusing his brother, Kalanithi Mara, of enormous fraud and money manipulation was sent on June 20 by Dayanidhi Maran, a former Union Minister and director of Sun TV Network.

According to him, Kalanithi bought 1.2 million Sun TV shares in 2003 for ₹10 apiece, but the actual value was closer to ₹2,500–₹3,000, which reduced the family's ownership stake from 50% to 20%. He claims that Kalanithi took around ₹3,500 cr in dividends and invested them in properties such as Sunrisers Hyderabad, Sun Direct TV, SpiceJet, and others.

Impact on SRH

The charges have raised serious concerns among fans and stakeholders, even though SRH has not formally addressed the legal notification or the money-laundering claims. Given how well-known the IPL is, any financial controversy involving a team has the potential to harm its reputation and impact sponsorships.