New Delhi: Financial irregularities in the conduct of season 2 of the IPL in South Africa in April 2009 in April 2009 have returned to the Control Board (BCCI) for cricket for cricket in India. Modi has blamed the board for all its decisions and liabilities related to the league.The IPL-2 was held in South Africa in April-May 2009 (concluded on 24 May). After the Union Home Ministry, he expressed his inability to provide security for T20 competitions across the country citing Lok Sabha elections.The ED found financial irregularities in the operation of IPL -2 during an investigation, and claimed that the BCCI and its office beer violated foreign exchange rules and made transactions without informing the RBI. Although a case of FEMA violation was filed in Nov 2011, the cases rested there till April 2015 when Ed decided to initiate the Adjugation proceedings, and 11 notices BCCI and its officials were served for personal hearing.In the show notice on the show, Ed accused the BCCI of violating the RBI guidelines and the FEMA rules, by paying Rs 243 crore to Cricket South Africa (CSA) allegedly without the necessary permission from the Central Banker. These dispatchs were made by the BCCI to “State Bank of Travancore, Jaipur branch for the conduct of IPL to fulfill the expenses incurred by the BCCI for CSA.“The instructions required for the transfer of funds for the first two dispatch were given to their bank on March 28, 2009, which was before signing the agreement with CSA. Similarly, the final two were made after the final two remittances after the conclusion of the tournament. Famous.The ED investigation revealed a payment of Rs 44 crore by the BCCI, which remained “unacceptable and unexplained by the BCCI”, resulting in fines. As per the proceedings of the case, these were paid in an alleged ‘proxy’ account created by BCCI in SA by BCCI in violation of FEMA rules.
