1. Lalit Modi’s money laundering case to be transferred from Chennai police to Mumbai cops

Lalit Modi’s money laundering case to be transferred from Chennai police to Mumbai cops

Former Indian Premier League (IPL) chairman Lalit Modi's money laundering case will be transferred from Chennai Police to Mumbai Police, Times Now reported on Saturday.

By: | Published: May 13, 2017 11:28 AM
Lalit modi, interpol, lalit modi interpol, interpol on lalit modi, lalit modi ed, lalit modi forged documents, lalit modi case, lalit modi case decision, Indian Premier League. Indian Premier League boss lalit modi In October 2010, the Board of Control for Cricket in India (BCCI) had lodged a complaint against Modi where it accused him of indulging in a criminal conspiracy, cheating and falsification of accounts. (Source: PTI)

Former Indian Premier League (IPL) chairman Lalit Modi’s money laundering case will be transferred from Chennai Police to Mumbai Police, Times Now reported on Saturday. The report said that the decision was taken as the investigation hardly made any progress in the last 7 years. In October 2010, the Board of Control for Cricket in India (BCCI) had lodged a complaint against Modi where it accused him of indulging in a criminal conspiracy, cheating and falsification of accounts. Ever since then, the Chennai police was investigating the case. In April this year, the Director General of Police transferred the case from the Central Crime Branch of the Chennai Police to the Crime Branch CID, agencies reported. Yet, there was no headway into the investigation in the case relating to misappropriation of funds to the tune of Rs 468 crore. The reason cited in the report was that Modi had continuously refused to accept the summons to appear before investigating officers.

Meanwhile, the Enforcement Directorate had registered a money laundering case against Modi based on a Chennai police complaint in 2012 on charges of alleged cheating of BCCI-IPL in granting overseas telecast rights of the T-20 cricket tournament in 2009, PTI had reported earlier. However, last month the Interpol virtually dealt a death blow to India’s chances of getting a Red Corner Notice to be issued against Modi in the money laundering probe.


 

According to a PTI report, Interpol apparently ruled in favour of Modi who had contested the issuance of such a warrant against him by the Interpol, on the request of the Enforcement Directorate (ED). The ED had first made the request in 2015 to the Interpol. Interestingly, Modi also tweeted a certificate endorsing such a stand by the Interpol which stated that he is not ‘subject to an Interpol Red Notice or diffusion and is not known in Interpol’s database’ from his official Twitter handle.

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