Saturday December 14, 2019
Home India Lalitgate: ED...

Lalitgate: ED seeks info from Singapore, Mauritius

0
//

lalit-modi-file-photo_650x400_71434431579

By NewsGram Staff Writer

The alleged Rs 125 crore money-laundering case related to allotment of broadcasting rights for IPL matches in 2009 against Lalit Modi has been lying in the docks for almost 6 years now.

The case is beginning to show some headway with the Enforcement Directorate (ED) asking for assistance from Singapore and Mauritius to tighten its case against Lalit Modi.

The process of issuing a letter of request under the Prevention of Money Laundering Act (PMLA) to countries, including Singapore and Mauritius, was started by the ED on Monday.

The letter asks the countries to provide account details of companies and individuals suspected to be involved in money transactions.

“After examining those details, the ED may ask for issuance of a red-corner notice against Modi or can ask for his extradition,” said a senior ED officer.

Under rules governing letter of intent formalities with Singapore and Mauritius, the countries will have to provide the requested details in a time-bound manner.

The ED has earlier issued notices to Modi under the Foreign Exchange Management Act (FEMA), which is governed by civil laws and usually ends with a monetary penalty.

But PMLA is governed by criminal laws and allows for the accused to be arrested.

The money laundering case is related to a complaint filed by former president of the Board of Control for Cricket in India (BCCI) N Srinivasan against Modi in Chennai in 2010.

Modi had been charged for misappropriation of Rs 425 crore while allotting media broadcasting rights of IPL in 2009. The allegations said Modi got Rs 125 crore from the deal.

In 2009, BCCI had awarded IPL media rights to World Sports Group (WSG) initially for 10 years.

Later, the rights were reissued to Multi-Screen Media (MSM), which was made to pay Rs 425 crore to WSG for relinquishing the rights.

“There was no agreement between the BCCI and WSG and WSG had no rights to relinquish”, officials told TOI.

The Lalit Modi controversy has cast a dubious light on external affairs minister Sushma Swaraj and Rajasthan chief minister Vasundhara Raje, with the opposition alleging wrongdoing and BJP stonewalling the allegations.

Next Story

ED Attaches 3 Chimpanzees, 4 Marmosets in Money Laundering Case Valued at Rs 81 Lakh

The financial probe agency said the value of each of the chimpanzees is found to be in excess of Rs 25 lakh while the value of a marmoset

0
ED, Chimpanzees, Marmosets
The ED had registered a case on a complaint of West Bengal government's Wild Life Department that one Supradip Guha of Kolkata was in illegal possession of prohibited wildlife. Pixabay

In a first-of-its-kind action, the Enforcement Directorate on Saturday said it has attached three chimpanzees and four marmosets (small tropical American monkeys) in a money laundering case valued at Rs 81 lakh.

The ED had registered a case on a complaint of West Bengal government’s Wild Life Department that one Supradip Guha of Kolkata was in illegal possession of prohibited wildlife.

The financial probe agency said the value of each of the chimpanzees is found to be in excess of Rs 25 lakh while the value of a marmoset is about Rs 1.5 lakh.

The ED in its statement said that the West Bengal Wild Life Department has filed a complaint in a local court against Guha. “The police had registered an FIR against Guha for forging documents pertaining to a permission letter allowing him to illegally transport the wild life birds,” it said.

ED, Chimpanzees, Marmosets
In a first-of-its-kind action, the Enforcement Directorate on Saturday said it has attached three chimpanzees and four marmosets (small tropical American monkeys). Pixabay

The agency said that during investigation, it was revealed that Guha was running an organised wildlife smuggling racket. “He was a clever criminal and gave contradictory statements to the customs and wildlife authorities to evade action under customs as well as wildlife laws,” it alleged.

The agency alleged that Guha also obtained fake certificates regarding birth of the three Chimpanzees in India. “Based on the facts revealed during investigation, the above wildlife has been provisionally attached. The three chimpanzees and marmosets are now kept with the Alipore Zoological Garden in Kolkata,” the ED said.

According to the ED, Guha was attempting to take back the animals from the zoo authorities by claiming his right over them and by using false statements and documents.

Also Read- iPhone to Unfold iOS 13.1 with CPU Throttling Feature to iPhone XR and iPhone XS

The attachment has enabled the Zoo authorities to keep the wild life animals with them. The three chimpanzees are a major point of attraction for all the visitors in the Zoo and thus a source of revenue for the Zoo,” it added. (IANS)