Former Indian Premier League chairman Lalit Modi, on Tuesday made huge revelations as he alleged that the former Presidents N Srinivasan and Anurag Thakur brought huge losses to the Board of Control for Cricket in India (BCCI) during their tenure.

Modi made the allegation through a post on his Instagram handle.

According to Modi, “Srini cancelled watertight contract Champions League T20 and let go of $500 million of revenue for Indian Cricket.” Modi also shared a graphic on the social media site which said that by scrapping Kochi and Pune franchises, BCCI lost a whooping $633 million.

Modi also targeted former India captain MS Dhoni as the former IPL chairman leaked his offer letter from his employer India cements. “WHY ? he earns 100’s of crores a year will he #agree to be #SRINI’S #employee. Bet there are many such contracts,” he said in the post.