Searches were today conducted in several cities including Mumbai, Nagpur, Bhopal and the national capital as part of Enforcement Directorate's probe in the multi-crore betting and money laundering case in the Indian Premier League (IPL). PTI quoting sources said separate teams of ED sleuths fanned out to these cities and began searches at more than 10 locations on a day when a Supreme Court-constituted panel suspended prominent IPL teams Chennai Super Kings and Rajasthan Royals on charges of their key officials indulging in betting of these matches.'<br/><br/>The report said, close to 50 sleuths in addition to local police are conducting the searches under the provisions of the Prevention of Money Laundering Act (PMLA). The case pertains to March when the Ahmedabad office of the agency had claimed to have busted the alleged IPL betting racket and had arrested some bookies from a farmhouse on the outskirts of Vadodara city in Gujarat. Later, the probe agency arrested about 16 others, including two suspected bookies from Delhi, in connection with this illegal activity. The same office registered a money laundering case against two prime suspects and a few others in connection with the alleged racket suspected to be between Rs 1,000-Rs 2,500 crore.
News On AIR | July 14, 2015 8:50 PM
IPL betting, laundering case: ED conducts multiple searches