New Delhi: The Enforcement Directorate (ED) on Thursday recorded statement of ex-BCCI president N Srinivasan in a case of alleged money-laundering against former Indian Premier League (IPL) boss Lalit Modi.
“Srinivasan appeared before us today and we recorded his statement for close to three hours,” confirmed an ED official.
“We have recorded Srinivasan’s statement as he had filed the police complaint on behalf of BCCI,” the official added.
The ED has widened its probe into a foreign exchange violation case against Modi and others, which involves an alleged illegal routing of Rs 21 crore funds from a Mauritius- based company.
Earlier, the agency, as part of its FEMA probe, had written to agencies like the Income Tax department, RBI and the Registrar of Companies (RoC) to obtain detailed information about the operations of the Rajasthan registered firm, said to be owned by Modi and his family members.
Sources had said that the agency may also get in touch with their counterparts in Mauritius to obtain details on the incorporation of a suspected firm there which allegedly sent funds to the Indian company.
At a later stage, they had said, the agency may obtain a Letters Rogatory (judicial overseas request) from a court to get the records.
The case pertains to the routing of the amount a few years ago into this firm in alleged contravention of the Foreign Exchange Management Act (FEMA).
The sources had said the present and past executives of the said firm would soon be called for questioning and even Modi could be served summons at a later stage for recording of his statement.
The ED had begun investigations into this case in October last year after it detected some foreign investment coming into this group which had Modi’s relatives at the helm.
But in 2007, the sources had said, the former cricket czar took over the directorship of the company along with his wife.
The agency had already recorded the statements of few executives of the said firm.
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