Nationwide IT raids on IPL franchises; MSM, World Sports Group offices raided too
The Income Tax Department has tightened its noose around various IPL team owners, investigating the alleged financial dealings. The I-T Department had a busy day conducting nationwide searches in the offices of Kolkata Knight Riders and the Cricket Association of Bengal; Deccan Chronicle, the owners of Chennai Super Kings; and IPL broadcast agency broadcast agency Multi Screen Media, besides marketing agency World Sports Group.
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Published: Apr 22, 2010 8:56 AM | 1 min read
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The Income Tax Department has tightened its noose around various IPL team owners, investigating the alleged financial dealings. The I-T Department had a busy day conducting nationwide searches in the offices of Kolkata Knight Riders and the Cricket Association of Bengal; Deccan Chronicle, the owners of Chennai Super Kings; and IPL broadcast agency broadcast agency Multi Screen Media, besides marketing agency World Sports Group.
Meanwhile, in Chandigarh, the promoters of Punjab Kings XI have been summoned by a court on April 27. The team is part-owned by actor Preity Zinta.
In Secunderabad, a team from the I-T Department carried out searches in the office of Deccan Chargers Sporting Ventures Ltd, owners of the Deccan Chargers IPL team.
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