Posts
On wednesday,a special court in mumbai, issued a non-bailable warrant against former IPL Commissioner Lalit Modi.As per News reports.
This warrant was issued on the grounds that Mr. Modi had not responded to the summons issued by the Enforcement Directorate(ED) and his past conduct of disregarding summons in other cases of financial irregularities against him, ED's lawyer Hiten Venegaonkar told the media,as per media reports.
The Enforcement Directorate had, on July 27, moved the special Prevention of Money Laundering Act (PMLA) Court seeking a warrant against Mr. Modi after he did not respond to their summons of July 3.
ED had asked Mr. Modi to appear in person within 15 days in connection with a PMLA case filed by the BCCI in 2010, accusing him of misappropriating funds during his tenure as Indian Premier League Chief.
The case was filed by former BCCI chief N Srinivasan, who testified earlier this month with the ED in Mumbai.
Arguing before the court, the ED said it wanted to arrest Mr. Modi, who fled to London five years ago to escape prosecution, to question him in light of some new evidence and for his refusal to heed the summons.
The Enforcement Directorate has also issued summons against two former directors of Jaipur-based Anand Heritage Hotels Private Limited (AHHPL), a firm of former cricket czar Lalit Modi, with regard to the foreign exchange violation case.
49 year old flamboyant founder of the cash-rich Indian Premier League (IPL) Modi was the man behind the success of the domestic 20-20 cricket tournament. But in 2010, he left the country amid allegations of tax evasion, money-laundering and proxy ownership embedded in the IPL. He has since refused to return to India, alleging death threats from the underworld.
..................................
News Source- The Hindu
0 comments:
Post a Comment