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Journalism of Courage
Responding to the Income Tax department’s summons,the BCCI furnished before it complete details,including share holding pattern,player auction and bidding process of all eight original IPL franchisees.
“The BCCI has complied with the summons and submitted the documents relating to its original eight franchisees,” an IT official closely involved in the exercise said.
IPL’s Chief Executive Officer Sundar Raman represented the Cricket Board and some officials of the International Management Group,the event managing company which organises the T20 extravaganza,were also present.
There was no official word on what transpired during the interaction between IPL officials and IT investigators.
The summons was issued on April 16 and the deadline was to expire today.
The eight original franchisees are: Reliance Industries Limited for Mumbai franchise at USD 111.9 million; UB Group for Bangalore at USD 111.
