BCCI President Questioned On Financial Irregularities

August 11, 2011

The Board of Control for Cricket in India (BCCI) president Shaskank Manohar was on Wednesday summoned by the Enforcement Directorate (ED) in connection with financial irregularities in the cash-rich IPL.

Manohar was questioned  for over two hours at the ED’s Mumbai office at Nariman Point. He left the ED office in a hurry without talking to eagerly waiting media outside.

The ED had last month issued notices to the BCCI and former IPL chairman Lalit Modi in connection with an alleged dubious transaction of almost $200,000 with IMG, the event management company of the IPL.

The BCCI denied the transfer to IMG, UK without Reserve Bank of India’s (RBI) permission.

Former Cricket great, Ravi Shastri, now member of the IPL’s governing council when the incidents occurred, was also summoned by the ED.

The ED had also issued a notice to BCCI secretary N. Srinivasan and former Indian Premier League chief Lalit Modi on allegations of foreign exchange violations to the tune of $19.8 million.