Lalitgate: ED records Srini-Statement


Mumbai: The ED in Mumbai on Thursday, recorded the statement of former BCCI chief N Srinivasan in connection with a money laundering case registered against Lalit Modi, former chief of Indian Premier League.The ED case under Prevention of Money Laundering Act or PMLA is based on a first information report registered by the Chennai police against Modi in 2013.

“Since BCCI is the main complainant in the PMLA case, we have to record its statement. This is why we had called Srinivasan,” said an official.BCCI had in 2010 filed a criminal complaint with the Chennai police accusing Modi of misappropriation of funds to the tune of Rs 470 crore during his tenure at the IPL chief.The total amount includes Rs 425 crore in media rights, Rs 15 crore on security and Rs 29 crore on free commercial air time.