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Blue Alert issued for Lalit Modi

New Delhi, October 7
The Enforcement Directorate has issued an international Blue Notice Alert for detention of former IPL Chairman Lalit Modi for alleged "serious contraventions" of the foreign exchange law after its probe into the finances of the T20 cricket tournaments.

The "Light Blue Alert Notice" issued by Mumbai office of the ED earlier this month has asked law enforcement agencies across the globe that Modi "should be detained as and when noticed" and the agency be "informed immediately".

The notice, which is issued with the concurrence of the Interpol, bears Modi's photograph and passport number besides other details.

The ED has said that Modi "has been allegedly involved in serious contraventions of the Foreign Exchange Management Act 1999, in connection with the IPL." The notice adds that Modi "is suspected to have fraudulently acquired substantial foreign exchange outside India by misusing his position as Chairman, IPL. He is alleged to have made investments in some of the franchises of the IPL to certain front companies abroad. He has not appeared for his examinations under Summon issued to him.

"By non-compliance of the summon, he is stalling the investigations being conducted by the ED," the notice reads.

The notice — an international alert to law enforcement agencies to obtain information about a person's identity and activities- aims to gather further information about Modi's whereabouts and his activities which are not known to the agency as he is abroad, sources said.— PTI

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