Money paid to BCCI is ‘clean money’, Riju Raveendran tells NCLAT

Riju Raveendran, a Byju’s board member, and younger brother of the edtech founder Byju Raveendran, told the National Company Law Appellate Tribunal (NCLAT) on Thursday that the money paid to the Board of Control for Cricket in India (BCCI) is “clean”.

Representing Riju, senior advocate Puneet Bali said the money was paid from the sale of his Think & Learn Pvt. Ltd (TLPL) shares between 2015 and 2022.