MUMBAI: The probe into alleged financial irregularities in
the Indian Premier League (IPL) was progressing and has reached
adjudication level, the Enforcement Directorate has informed
the Sports ministry.
minister Ajay Maken had written a letter to the ED on 17 May
seeking a speedy probe into the alleged irregularities committed
by the BCCI as well as the franchises.
"The ministry has got a response from the ED and they
have informed that the cases of alleged violations under the
forex rules have entered the adjudication stage. The penal
processes will begin soon in the notices sent under FEMA laws,"
PTI quotes a source privy to the development as saying.
Finance Ministry has slapped 19 notices to BCCI on alleged
foreign exchange violations to the tune of Rs 10.77 billion
relating to the IPL.
had also called for an investigation by the ED and Income
Tax department whether the players were paid through black
money following a sting operation which showed domestic players
claiming that they received more money than the prescribed
salary cap of the BCCI.
ministry, which has been at loggerheads with the BCCI, had
also written to the revenue secretary seeking an inquiry whether
black money was being used in conducting the IPL.