Lalit Modi
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The Times of India, Jun 15 2015
Ex-Indian Premier League chief Lalit Modi faces several probes from several agencies, all connected to the cricket league, for the last five years but nothing concrete has been found against him since the businessman has never made himself available for formal questioning:
Enforcement Directorate is probing foreign exchange violations under FEMA to the tune of Rs 425 crore in the IPL TV rights deal awarded to World Sports Group (WSG) by Lalit Modi.First, the media rights were awarded to WSG for 10 years but it was later given to Multi Screen Media (MSM).ED's initial probe suggested that Modi might be a beneficiary of the Rs 125 crore paid by MSM to WSG Mauritius (WSGM). After attending just one interrogation session with the income tax department and ED in Mumbai, Modi fled to the UK in May 2010 ED is also probing Modi and others in connection with an alleged transaction of Rs 90 crore with International Management Group, a UK-based company
The income tax department is probing a payment of Rs 80 crore made for the purchase of a private jet, used by Modi and his family members extensively during IPL matches. The aircraft purchase was reportedly linked to the WSG contract
Chennai police registered a case against Modi and six others on charges of criminal conspiracy, cheating and falsification of accounts in the deal related to WSG
A blue corner notice is still pending against Modi at all Indian portsairports, according to which if he is traced anywhere, he should be handed over to the ED
While running the IPL, Modi got threats from the underworld. In March 2009, Mumbai police arrested and interrogated Rashid Malabari, a hitman, who revealed that there was a plan to kill the ex-IPL chief, his wife Minal and son Ruchir. This was later confirmed by the Intelligence Bureau, which heard Chhota Shakeel and Dawood Ibrahim discussing the plan
