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Foreign Exchange Management Act

BCCI under scanner for irregularities in foreign exchange

The Enforcement Directorate has served 12 show-cause notices in the last two years to the Board of Control for Cricket in India (BCCI) and its officials for irregularities in foreign exchange involving an amount of Rs.1,423.20 crore.

 

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Enforcement Directorate’s probe in IPL financial irregularities in progress

The Enforcement Directorate has informed the Sports Ministry that its probe in the alleged financial irregularities in various editions of the T20 IPL cricket was progressin g and was at the adjudication level.

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