india probes world cricket boss over ipl broadcast fee
Last Updated : GMT 09:03:51
Almaghrib Today, almaghrib today
Almaghrib Today, almaghrib today
Last Updated : GMT 09:03:51
Almaghrib Today, almaghrib today

India probes world cricket boss over IPL broadcast fee

Almaghrib Today, almaghrib today

Almaghrib Today, almaghrib today India probes world cricket boss over IPL broadcast fee

Cricket boss Narayanaswami Srinivasan
Mumbai - Arab Today

India's top financial policing agency is probing world cricket boss Narayanaswami Srinivasan and others over an alleged $69 million "facilitation fee" paid over broadcast rights for the Indian Premier League, an official said Tuesday.
The Enforcement Directorate has issued "show cause notices" to Srinivasan, disgraced former Indian Premier League (IPL) chief Lalit Modi, the country's cricket board and foreign media companies over the fee for the 2009 tournament, the official said.
Part of the fee was allegedly illegally siphoned off to unknown individuals, sparking the probe into the Board of Control for Cricket in India (BCCI) of which both Srinivasan and Modi were senior members, according to local media reports Tuesday.
"Srinivasan, Modi and the BCCI have been issued the show cause notices," an enforcement directorate officer told AFP on condition of anonymity.
Former IPL chief operating officer Sunder Raman and president of Sony Pictures Home Entertainment Manjit Singh were also under the agency's scanner, the officer said.
"Notice issued to BCCI, MSMS Singapore, WSE Mauritius, Lalit Modi & others" over alleged breach of foreign currency regulations over the 4.25 billion rupee ($69 million) facilitation fee, the directorate said in a tweet on Monday.
The Multi Screen Media (MSM) of Sony Entertainment paid the fee to the Mauritius arm of World Sports Group (WSG) as part of a contract for taking over the broadcast rights of the IPL, the popular Twenty20 tournament overseen by the BCCI, local reports said.
The BCCI, Srinivasan, the WSG and MSM were unavailable for comment.
Modi was removed as IPL head in 2010 and later banned for life for holding any positions in the sport over corruption allegations involving a separate case.
Modi, the founder of the money-spinning IPL, now lives in London.
Srinivasan, who was last year elected International Cricket Council chairman, was a senior member of the BCCI at the time.
Last year he was forced to quit as BCCI chief amid a Supreme Court probe into betting and other scandals involving the 2013 edition of the lucrative IPL.
Last month the court found Srinivasan guilty of a conflict of interest for having commercial dealings in the sport while heading the BCCI by owning an IPL franchise.
The players' auction for the latest edition of the IPL was held on Monday.
The IPL, a domestic tournament which began in 2008, features the world's top players signed up for huge fees by companies and high-profile individuals in a mix of sport and entertainment.
International news organisations including Agence France-Presse have suspended on-field coverage of matches hosted by the BCCI since 2012 after the board imposed restrictions on picture agencies.
Source: AFP

almaghribtoday
almaghribtoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

india probes world cricket boss over ipl broadcast fee india probes world cricket boss over ipl broadcast fee

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

india probes world cricket boss over ipl broadcast fee india probes world cricket boss over ipl broadcast fee

 



Almaghrib Today, almaghrib today Skincare PR Performance Full Year 2017

GMT 09:22 2018 Monday ,22 January

Skincare PR Performance Full Year 2017
Almaghrib Today, almaghrib today New hunt for flight MH370 gets under way

GMT 11:03 2018 Wednesday ,24 January

New hunt for flight MH370 gets under way
Almaghrib Today, almaghrib today Modern colorful bedroom renovation

GMT 10:57 2017 Thursday ,21 December

Modern colorful bedroom renovation
Almaghrib Today, almaghrib today Puigdemont candidate for Catalan president

GMT 13:56 2018 Tuesday ,23 January

Puigdemont candidate for Catalan president
Almaghrib Today, almaghrib today Turkey detains dozens more

GMT 10:47 2018 Wednesday ,24 January

Turkey detains dozens more

GMT 09:57 2016 Wednesday ,23 March

cartoon two

GMT 09:58 2016 Wednesday ,23 March

cartoon four

GMT 10:22 2016 Wednesday ,23 March

cartoon twelve

GMT 10:18 2016 Wednesday ,23 March

cartoon eight

GMT 21:16 2014 Wednesday ,04 June

Gunmen kill Red Cross official in Libya's Sirte

GMT 20:54 2017 Friday ,18 August

Jailed Mexican ex-governor Duarte on hunger strike

GMT 09:45 2018 Friday ,19 January

Syria threatens to 'destroy' Turkish warplanes

GMT 09:49 2017 Saturday ,04 March

In Belfast, street art battles community rifts

GMT 11:12 2017 Monday ,27 November

China's tech giants reach global elite

GMT 18:22 2018 Thursday ,30 August

France's Macron proposes EU collective defence plan

GMT 20:26 2017 Saturday ,07 October

Saudi Arabia, Russia urge end to Palestinian suffering

GMT 18:11 2017 Wednesday ,09 August

Premier League chief doesn't see Neymar-type move
Almaghrib Today, almaghrib today
 
 Almaghrib Today Facebook,almaghrib today facebook  Almaghrib Today Twitter,almaghrib today twitter Almaghrib Today Rss,almaghrib today rss  Almaghrib Today Youtube,almaghrib today youtube  Almaghrib Today Youtube,almaghrib today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

.almaghribtoday .almaghribtoday .almaghribtoday .almaghribtoday
almaghribtoday almaghribtoday almaghribtoday
almaghribtoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
almaghribtoday, Almaghribtoday, Almaghribtoday