New Delhi: The Enforcement Directorate has issued summons to former IPL commissioner Lalit Modi in a money laundering case.The ED has set a three-week deadline for Modi to respond to the summons. The ex-IPL commissioner has been asked by ED to explain the charges against him.Last week, the agency had recorded the statement of former BCCI chief N Shrinivasan. The case relates to a 2008 deal between World Sports Group (WSG) and Multi Screen Media (MSM) for television rights of Indian Premier League (IPL) worth Rs 425 crore.
Earlier, the ED was in the process of serving final penalty notices in 16 alleged forex violation cases amounting to an estimated Rs1,700 crore against Modi and others as part of its wide-ranging probe in the alleged financial irregularities in various editions of the Indian Premier League (IPL).High-level Enforcement Directorate sources had said apart from these cases, two other instances of suspected contravention of foreign exchange laws and hawala transactions are also being investigated by the central probe agency and these include investigations on the role of Modi.
