Black money SIT reviews IPL, Modi cases; seeks more updates

Besides Modi, former IPL Chairman, 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 (<g data-gr-id="33">retd</g>) 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.

“The SIT has a wide mandate and hence as part of its overall review of black money cases and those related to illegal assets held abroad, the panel also reviewed cases related to the IPL and people involved in it,” the sources said.

Today’s meeting was attended by officials of the Central Board of Direct Taxes (CBDT), ED, FIU, Department of Revenue under the Finance Ministry and the CBI.

Sources indicated that while the ED informed the SIT about the status of its 16 Foreign Exchange Management Act (FEMA) cases and a money laundering FIR against the Indian Premier League (IPL)-BCCI, their officials and Modi, the I-T department is understood to have shared some snoop data on the transactions and tax history of the former cricket czar.

“Some more details in these cases have been sought after which a future course of action will be charted vis-a-vis taking forward the IPL related cases,” they said. The high-powered panel, sources said, also reviewed some other cases of black money being probed by these agencies during the meeting.

Lalit Modi has been in the news after reports of External Affairs Minister Sushma Swaraj and Rajasthan Chief Minister Vasundhara Raje “helping” him in procuring travel documents in the UK, a country which he has made his home <g data-gr-id="29">to avoid</g> legal processes in India, erupted recently.