ED begins money laundering probe in T20 spot-fixing
The Enforcement Directorate (ED) today registered a money laundering case in the T20 spot-fixing scandal to probe on the basis of the FIR registered by the Delhi police. HT reports.india Updated: May 23, 2013 20:43 IST
The Enforcement Directorate (ED) on Thursday registered a money laundering case in the T20 spot-fixing scandal to probe on the basis of the FIR registered by the Delhi police.
According to sources, the ED enforcement case information report (ECIR) names all the accused named by the Delhi police including the three Rajasthan Royals cricketers - S Sreesanth, Ajit Chandila and Ankeet Chavan. The case has been registered under the Prevention of Money Laundering Act (PMLA).
"A file was moved in this regard two days back," said an ED source.
In the initial probe the Delhi police had named 11 bookies in the case as well. They will be also under the ED scanner.
The ED is lunching a separate probe for use of Hawala funds by the bookies under the Foreign Exchange Management Act (FEMA).
Accoring to ED sources, once the Delhi police finishes its interrogation of the accused cricketers and bookies, the agency sleuths will call them for questioning.
The ED probe is likely to cover case registered by the Mumbai police as well in which film and TV actor Vindoo Dara Singh has been arrested by investigators on the charges of involvement in betting network.
According to ED sources, all bookies move their money through Hawala network and also invest their ill-gotten money in real estate. Most of the prominent bookies deal in real estate as one of their front businesses.