April 16, 2010 11:51 AM

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IT Department conducts raid at IPL office in Mumbai

IPL Commissioner Lalit Modi was quizzed for eight hours by I-T officials over the financial dealings and share holding patterns of the cricketing body. <br/><br/>Income tax sleuths also visited several places in Mumbai to find out details of the IPL bidding process. Income Tax officials visited Indian Premier League headquarters at Wankhede Stadium as also Modi's office at Nirlon House in up market Worli, where they quizzed him from 7.15 pm on Thursday till 3.20 am today. <br/><br/>After the tax sleuths left, Modi told reporters, that the officials were given documentation details, and they verified the documents and went through the entire process of bidding. Modi said the officials saw the documents related to bidding by new franchisees owned by Sahara and Kochi consortium as well as those related to other IPL franchisees.<br/><br/>According to IT sources, the agency, apart from probing the sources bankrolling the cash-flush league, is looking into whether ill-gotten money stashed away in tax havens like Mauritius has made its way into the IPL. <br/><br/>The IPL chief rubbished media reports that his laptop was seized and unaccounted cash recovered from his office. <br/>

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