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Arrest warrant for former IPL boss Modi

Author
Newstalk ZB Staff ,
Publish Date
Thu, 6 Aug 2015, 5:35AM
Lalit Modi outside the High Court in London (Getty Images)
Lalit Modi outside the High Court in London (Getty Images)

Arrest warrant for former IPL boss Modi

Author
Newstalk ZB Staff ,
Publish Date
Thu, 6 Aug 2015, 5:35AM

An arrest warrant's been issued for former Indian Premier League chairman Lalit Modi over allegations of money laundering in a television deal.

The Mumbai court has heeded a request from India's economic investigative body which said Modi was not co-operating in an investigation.

They're investigating the routing of money in the TV deal for the IPL, in which a facilitation fee of $138 million was allegedly paid by one company to another for obtaining telecast rights for the IPL.

Modi has been based in England since 2010 and has managed to avoid extradition despite being served previous summons.

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