The Central Crime Branch (CCB) of the Chennai city police has registered a case against former chairman of Indian Premier League Lalit Modi and six others on charges including criminal conspiracy, cheating and falsification of accounts. As a first step into the probe, the investigators are now studying the accusations with the help of legal experts.
This comes in the wake of a complaint lodged by the Board of Control for Cricket in India (BCCI) on Wednesday over misappropriation of funds amounting to Rs. 468 crore during the conduct of IPL events.
Sources with the CCB said the BCCI has accused Mr. Modi, World Sports Group office bearers Venu Nair, Andrew Georgio, Seamus O’Brian and Haris Krishnamachari, Ajay Varma, representative of software firm Visual Impact and Kunal Das Gupta from a Mumbai-based media management firm.
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A case under Sections 409 (criminal breach of trust), 420 (cheating), 468 (forgery), 477 A (falsification of accounts) and 120 B (criminal conspiracy) of IPC has been registered.
Additional Deputy Commissioner of Police (CCB) Venkateshwaran is the investigating officer in the case and a team under him has approached legal experts for a thorough study of the charges levelled against Mr. Modi and six others, police sources added.