SIT On Black Money Seeks Reports From Multiple Agencies On Lalit Modi Cases

23 June, New Delhi

The Special Investigation Team (SIT) on black money has sought update from multiple probe agencies on the role of tainted former IPL Commissioner Lalit Modi in alleged financial irregularities in the T-20 cricket tournament.

In meeting Tuesday , besides Modi the SIT also reviewed cases of BCCI officials and other individuals involved in the operation of the various editions of the IPL.

Sources said the two-hour long meeting was chaired by SIT Vice Chairman Justice Arijit Pasayat and it is understood that directions have been issued to agencies like the Income Tax department, Enforcement Directorate (ED) and the Financial Intelligence Unit (FIU) to update it with more information and status on each of the cases being handled by these probe bodies.

Today’s meeting was attended by officials of the Central Board of Direct Taxes, ED, FIU, Department of Revenue and the CBI.

Sources indicated that during the meeting the ED informed the SIT about the status of its 16 Foreign Exchange Management Act cases and a money laundering FIR against the Indian Premier League -BCCI, their officials and Modi.