- The Enforcement Directorate (ED) cross-examined the former BCCI President, N. Srinivasan in connection of IPL scam for funds laundering
- Srinivasan reportedly dodged the critical questions by the ED, saying the 73-year-old was “too aged to recollect the details”.
ED questioned the former BCCI President and the former ICC chairman, N. Srinivasan on Monday (12 March) in regard to the Indian Premier League (IPL) money-laundering scam, which had emerged a few years ago in India’s cash-rich T20 cricket league. It is now reported that N. Srinivasan allegedly attempted to avoid answering the key questions about the IPL scam, citing his age as a reason behind the failure to recollect key details.
What is ED? The Enforcement Directorate (ED) is a law enforcement agency which is responsible for enforcing economic laws in India. The body is a part of the Department of Revenue, Ministry of Finance.
The ED is also reported to be cross-examining BCCI officials currently in the presence of the ED special director. The move came after the former IPL commissioner and chairman Lalit Modi‘s lawyer filed a writ before the Bombay High Court seeking verification of their roles in the transfer of more than INR 400 crore to Cricket South Africa (CSA) for hosting the IPL season there in 2009.
N. Srinivasan accused of ‘selective amnesia’
As reported by the Deccan Chronicle, Lalit Modi’s lawyer Mehmood Abdi said that during the Srinivasan’s questioning by the Enforcement Directorate (ED), Srinivasan seemed to be forgetting things at his convenience. Abdi said,
“The case took a curious turn today as Srinivasan pushed on the blame to Shashank Manohar and M.P. Pandove, the then-treasurer of BCCI. He displayed selective amnesia, but did blame both of them, stating that the president and treasurer, who worked under Manohar following his orders, had the powers to act and not him.”
It is also reported that when the authorities presented N. Srinivasan some crucial documents to read, the former BCCI president said that he was suffering from visual ailments and hence, could not read. Later, when the lawyers read it out to Srinivasan, the 73-year-old responded that he could not recall anything.
Mehmood Abdi added that while N. Srinivasan avoided some questions and passed the blame to others in some, the name of the former IPL chairman, Lalit Modi, did not arise at any point in ED’s cross examination.
More discrepancies arise in ED’s investigation of IPL scam
Mr Pandove, whose job was disbursement of funds as treasurer of the Indian Premier League, told the Enforcement Directorate (ED), that he was not a part of policy making during the alleged money-laundering scam, while the official documents suggested that Pandove was very much a part of the policy-making process. Mehmood Abdi said,
“Finance was part of working committee and BCCI as a whole. The authorities should decide who is telling the truth. During his cross-examination Mr Manohar had also said he was not in the loop with the working committee.. But documents confirmed he was in the loop and part of decision making.”
The charges of fund transfer without RBI’s permission are in violation of Foreign Exchange Management Act provisions. The charges do not attract criminal proceedings but do spell a monetary penalty.
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