Court issues LR to Mauritius, Singapore in Lalit Modi case

Image
Press Trust of India Mumbai
Last Updated : Jul 20 2015 | 6:42 PM IST
The special court for Prevention of Money Laundering Act cases here today issued letters rogatory (LR) to Singapore and Mauritius in connection with the case registered by Enforcement Directorate against former IPL boss Lalit Modi.
"The special court has issued LR to both the countries in the case registered against Lalit Modi in Mumbai," said an ED official.
A letter rogatory is a formal request from a court in India to a foreign court for judicial assistance.
"We had sought LR as we want the details of bank accounts, transactions, etc., in connection with the 2008 deal between World Sports Group (WSG) and Multi Screen Media (MSM) for television rights of Indian Premier League worth Rs 425 crore," the official said.
The LR would be sent through the Union Home Ministry.
In 2008, BCCI had awarded IPL media rights for ten years to WSG for USD 918 million. WSG entered into a deal with MSM to make Sony (a channel owned by MSM) the official broadcaster. The contract was replaced a year later with a nine-year deal.
ED started a probe in 2009 under Foreign Exchange Management Act (FEMA) to investigate whether the payment of Rs 425 crore facilitation fee by MSM Singapore to WSG Mauritius was made illegally.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jul 20 2015 | 6:42 PM IST

Next Story