NEW DELHI — Shashi Tharoor, India’s junior foreign minister and a one-time candidate for the post of U.N. secretary-general, has resigned amid allegations of corruption in the auction to add a new team to the lucrative Indian Premier League cricket tournament.

Last month, a group of investors Tharoor helped put together made a successful bid of more than $330 million to bring a team to Kochi, a port city in southern Kerala state, part of which he represents in Parliament.

Premier league chief Lalit Modi later questioned why a 25 percent share in the franchise, which is now part of the Twenty20 cricket league, was given to a group that included a friend of Tharoor’s. It was alleged the friend’s shares were really intended as a hidden gift to Tharoor.

more @ http://www.huffingtonpost.com/2010/04/20/shashi-tharoor-resigns-in_n_543990.html