New Delhi: In more trouble for former IPL chairman Lalit Modi, the Special Investigation Team on black money has asked Enforcement Directorate to give an update on his cases.
The Enforcement Directorate is in the process of serving final penalty notices in 16 alleged forex violation cases amounting to an estimated Rs 1,700 crore against Lalit Modi. This is a part of its wide-ranging probe in the alleged financial irregularities in various editions of the T-20 cricket extravaganza.
The agency sources had said all the cases being probed against Modi and his associates in IPL-BCCI are related to various editions of the glamorous T-20 matches which were held in the country and specifically the second edition of the tournament which was held in South Africa in 2009.
The agency, in February, had slapped a similar Rs 425 crore show-cause notice against Modi, former BCCI boss Srinivasan, the IPL, private multimedia firms for alleged contravention of forex laws in awarding a cricketing media rights contract in 2009.
Over the years, Modi and his team of lawyers have denied any wrongdoing in these instances.
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