ED records Srini’s statement in case against Lalit Modi
3 July 2015 5:34 AM IST
“Srinivasan appeared before us today and we recorded his statement for close to three hours,” said an ED official.
The case relates to a 2008 deal between World Sports Group (WSG) and Multi Screen Media (MSM) for television rights of IPL worth Rs 425 crore. BCCI filed an FIR in Chennai in 2010 under various provisions of the IPC while two years later the ED registered a case under Prevention of Money Laundering Act in the matter. “We have recorded Srinivasan’s statement as he had filed the police complaint on behalf of BCCI,” the official said.
In 2008, the BCCI awarded 10-year media rights to WSG for $ 918 million. In the same year, WSG entered into a deal with MSM to make Sony the official broadcaster. The contract was replaced a year later with a nine-year deal where MSM paid $1.63 billion.
The ED started probe in 2009 under Foreign Exchange Management Act (FEMA) to investigate allegations that payment of Rs 425 crore facilitation fees by MSM Singapore to WSG Mauritius was
made in an illegal way.
None in BJP has flouted any law, says Venkaiah
No one in the BJP government at the Centre and Rajasthan has flouted any law or is involved in corruption, Union Minister Venkaiah Naidu said as he blamed the Opposition for a "defamation and disinformation" campaign over the controversy surrounding former IPL chief Lalit Modi. The Minister, currently on a five-day non-official visit to the US, was responding to questions on the allegations against leaders of the BJP - both at the Centre and in Rajasthan - in the Lalit Modi row.
"<g data-gr-id="43">No body</g> (in BJP) is involved in corruption. No law has been flouted. No immoral activities have been taken by anyone in this government. This is an attempt by the opposition parties as part of their defamation <g data-gr-id="62">campaign,</g> because we have given an honest and transparent administration. "They are disturbed, that's why they are into this disinformation campaign," Naidu told reporters after being felicitated by the Overseas Friends of BJP in <g data-gr-id="44">Chantily</g>, <g data-gr-id="60">Virginia ?</g> a suburb of Washington DC. "There is no corruption charge against Centre or any (BJP-ruled) state government," he added.
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