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Lalitgate: ED seeks info from Singapore, Mauritius

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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.

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IPL Betting scam, Arbaaz Khan to be Inquired by Police

Cops summoned Arbaaz khan

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IPL betting scam and Arbaaz khan.
IPL betting scam, Arbaaz khan interrogated by police. Flickr

Bollywood actor and producer Arbaaz Khan was summoned for investigations and interrogation into the ongoing probe in the Indian Premier League (IPL) betting case, other bollywood celebrities are also in the suspect list, a Mumbai police official said here on Friday.

Arbaaz, younger brother of superstar Salman Khan, has been asked to appear before the Thane crime branch’s Anti Extortion Cell (AEC) on Saturday, said Police Inspector Rajkumar Kothmire.

The summons were issued to Arbaaz after prominent bookie Sonu Jalan alias Sonu Batla — who reportedly has links with various mafia dons, including absconding Dawood Ibrahim Kaskar — was arrested sometime ago and interrogated by the AEC sleuths in connection with the IPL scam, he added.

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“The case investigations are going on since the past five-six years and could involve amounts of over Rs 500-600 crore. We want to find out from Arbaaz what was his role and how much  he is involved in the entire matter,” said Kothmire who is probing the matter.

The 50-year-old actor-producer’s cropped up during Jalan’s interrogation and recovery of some photographs which include other major film personalities who may be subsequently summoned, he indicated. Thane police arrested Jalan in the Kalyan court during his meeting to other accused.

Arbaaz Khan
Arbaaz Khan. flickr

According to Kothmire, the entire IPL betting scam involves some of the biggest bookies operating from Mumbai, Ahmedabad, Jaipur and New Delhi.

Jalan was first nabbed around 10 years ago when the IPL betting scam had erupted, According to reports Jalan has an international racket and most of its clients are in South Africa and later investigations proved he was in touch with several world famous personalities, including Arbaaz, though it is yet not confirmed that whether Arbaaz has direct connectios with the scam or not. (IANS)