siddhu Posted April 15, 2010 Posted April 15, 2010 I-T officials raid IPL headquarters Income Tax officials conducted raids in the Indian Premier League (IPL) headquarters in Mumbai on Thursday. The investigations follow the controversy about the financial irregularities in the IPL. Recently the Kochi franchise came under the scanner for allegedly giving 'free equity' to Dubai-based entrepreneur Sunanda Pushkar, who is a close friend of the Minister of State for External Affairs Shashi Tharoor. IPL Commissioner Lalit Modi has alleged that Kochi is not coming out clean on their stakeholders. But his accusations have opened a can of worms and questions are also being raised about the IPL commissioner's own business interests in Rajasthan Royals and Kings XI Punjab. The IPL office is housed in the BCCI headquarters in Mumbai. http://www.hindustantimes.com/I-T-officials-raid-IPL-headquarters/H1-Article1-531628.aspx
ViruRulez Posted April 15, 2010 Posted April 15, 2010 Breaking News: Income Tax department raids IPL Headquarters in Mumbai News channels are reporting that Income Tax Department has suddenly made an income tax on the IPL Headquarters in Mumbai. Lalit Modi and other high officials of IPL are rushing to the IPL Headquarters as per news channels.
yoda Posted April 15, 2010 Posted April 15, 2010 could be a drama to show as if they are clean once the raids are over.
ViruRulez Posted April 15, 2010 Posted April 15, 2010 Ok .. Lalit Modi confirms now that it is not a raid but only an enquiry
IKnowU Posted April 15, 2010 Posted April 15, 2010 lol Gotta love the indian media. Raids turn into an enquiry. Imagine the income tax people lining up outside the HQ's in commado style. :hysterical:
Sachinism Posted April 15, 2010 Posted April 15, 2010 Forget the match today, this looks like it could turn out to be more entertaining :woot:
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