Under fire over allegations of foreign exchange violations in IPL, BCCI's top officials on Wednesday blamed sacked Commissioner Lalit Modi for mistakes. They told a Parliamentary panel that they had given approvals at his behest in good faith.BCCI President Shashank Manohar, Secretary N Srinivasan and IPL Chairman Chirayu Amin were grilled by the Parliamentary Standing Committee on Finance for about two-and-a-half hours about the alleged FEMA violations in New Delhi today.The BCCI was asked about the funding pattern of the highly popular IPL and the methods adopted for payment to foreign and Indian players. The Committee also sought details of the expenses incurred on the conduct of the second edition of the Twenty20 tournament in South Africa in 2009.Making a case of FEMA violation against the BCCI, the Committee said the Board had not taken permission from RBI and Income Tax Department for opening and operating foreign current account in South Africa.
News On AIR | January 12, 2011 9:04 PM
BCCI blames Modi for FEMA violations in IPL