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Lalit Modi in I-T trouble over aircraft deal

New Delhi: Things are getting murkier for suspended Indian Premier League commissioner Lalit Modi as his link to an alleged payoff to the World Sports Group (WSG), a Mauritius-based company, as facilitation fee is being investigated by Income Tax officials.

The officials are investigating Modi’s link to an aircraft purchase, which was used by the former IPL boss for his private use. However, the former IPL boss has not shown any cooperation in the investigation and now some of his close associated are being questioned.

Modi’s secretary Deepa Palekar has been questioned by I-T officials in Mumbai about a payment of nearly Rs 80 crore reportedly made in the purchase of the plane.

Modi is reportedly being investigated after I-T officials found a link to the Rs 425 crore facilitation fee paid to WSG by Multi Screen Media (MSM) for media rights of IPL matches.

The alleged ‘payoff’ is understood to be a part of re-negotiation of IPL’s TV rights’ contract with MSM, formerly Sony Entertainment TV. WSG grabbed the television rights for 10 years with a bid of $ 918 million. But following a dispute, WSG’s contract with MSM was scrapped.

Modi was suspended from the IPL commissioner’s post pending a BCCI investigation into allegations of financial irregularities, nepotism and rigging bids.

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