CBI sends papers to Interpol for red-corner notice against Lalit Modi
NEW DELHI: The CBI on Thursday sent documents to Interpol for processing red-corner notice against former IPL chief Lalit Modi, who is facing charges of money laundering and other irregularities.
The central investigating agency has sent the papers to Interpol after verification and legal scrutiny.
The red-corner notice will help the government tighten the noose around former IPL chief who is wanted by the Enforcement Directorate.
ED is probing Lalit Modi in at least 16 instances of violations of the money laundering (PMLA)and foreign exchange management acts (FEMA), mostly related to alleged irregularities in the IPL.
The Mumbai unit of ED approached CBI for issuing a red-corner notice against Modi on the basis of a non-bailable warrant (NBW) issued recently by a special court there.