Mumbai: The Enforcement Directorate (ED) Friday issued notices to the BCCI and suspended Indian Premier League chairman Lalit Modi for an alleged dubious transaction of Rs 90 crore with International Management Group (IMG), a UK based company. “We have sent notices to Lalit Modi and the BCCI,” a source said. IMG handled logistics in the first four seasons of the IPL.
On Thursday, the ED summoned former Indian captain Ravi Shastri for questioning in connection with alleged financial irregularities in the IPL. Shastri, who is in London, has been asked to help the ED in answering certain questions related to the Twenty20 league as he was on the IPL Governing Council. The ED is also probing the role of Modi for alleged contravention of foreign exchange rules. The ED is investigating into the alleged violations under the Foreign Exchange Management Act (FEMA) against various IPL franchises and foreign exchange and remittance related offences and connected issues concerning both the IPL and the BCCI. | 
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