Hyderabad, July 12 -- In the backdrop of the recent arrest of five accused persons including Hyderabad Cricket Association (HCA) President Jagan Mohan Rao, treasurer Srinivasa Rao and CEO Sunil Kante, by the Telangana Crime Investigation Department (CID) on charges of forgery of the documents for the purpose of cheating and misappropriation of funds, the Enforcement Directorate (ED) today initiated money laundering probe under the Prevention of Money laundering Act (PMLA) alleged financial irregularities in HCA.

The Hyderabad unit of the ED confirmed that CID's recent FIR will be incorporated into their ongoing investigation into the HCA irregularities.

The ED writes a letter to the CID requesting documents, including the First Informati...