ISSUE
Friday, August 15, 2025
Volume 16 . Issue 72
New Delhi: The Enforcement Directorate (ED) probing the bank accounts of tainted Indian Premier League (IPL) commissioner and president Lalit Modi has come across a bank account of the latter which allegedly received funds from a franchisee owner, a business daily reported.
Economic Times said the account at Royal Bank of Scotland by Modi received funds from Suresh Chellaram, one of the owners of Rajasthan Royals. Chellaram is a relative of Modi based in Nigeria.
The funds were transferred during the last four months, a top ED official told the daily.
The ED is now trying to finding out the nature of the transactions and how much funds came from overseas accounts.
Nationwide Income Tax raids are on in the various offices of IPL franchisees and associates after the murky saga of dirty money and political influences in the IPL came to the fore.
While the noose tightens around Lalit Modi for his alleged wheeling dealing with the cash rich IPL, the defiant IPL chief directly took on Board of Control for Cricket in India (BCCI), the parent body of IPL, by challenging its president Shashank Manohar on the legality of a governing council meeting on April 26, day after the final of the IPL in Navi Mumbai, called to quiz him on the various IPL deals.
New Delhi: The Enforcement Directorate (ED) probing the bank accounts of tainted Indian Premier League (IPL) commissioner and president Lalit Modi has come across a bank account of the latter which allegedly received funds from a franchisee owner, a business daily reported. Economic Times said...
New Delhi: The Enforcement Directorate (ED) probing the bank accounts of tainted Indian Premier League (IPL) commissioner and president Lalit Modi has come across a bank account of the latter which allegedly received funds from a franchisee owner, a business daily reported.
Economic Times said the account at Royal Bank of Scotland by Modi received funds from Suresh Chellaram, one of the owners of Rajasthan Royals. Chellaram is a relative of Modi based in Nigeria.
The funds were transferred during the last four months, a top ED official told the daily.
The ED is now trying to finding out the nature of the transactions and how much funds came from overseas accounts.
Nationwide Income Tax raids are on in the various offices of IPL franchisees and associates after the murky saga of dirty money and political influences in the IPL came to the fore.
While the noose tightens around Lalit Modi for his alleged wheeling dealing with the cash rich IPL, the defiant IPL chief directly took on Board of Control for Cricket in India (BCCI), the parent body of IPL, by challenging its president Shashank Manohar on the legality of a governing council meeting on April 26, day after the final of the IPL in Navi Mumbai, called to quiz him on the various IPL deals.
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