Hyderabad, July 18 -- The Enforcement Directorate (ED) has filed a money laundering case in relation to the Hyderabad Cricket Association (HCA) scam, following the CID's arrest of HCA President Jagan Mohan Rao and five other individuals on charges of misusing funds from the Board of Control for Cricket in India (BCCI).
The ED's case is built on the CID FIR and remand report that showed sheer irregularities in HCA workings stadium tenders to the sale of tickets.
During the past ten years, HCA has received over Rs 800 crore from the BCCI for cricket development. Forensic audits and previous findings by the Justice L Nageswara Rao panel in 2022 had established diversion of funds, fictitious tenders, and quid pro quo transactions.
In recen...
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