Lalit Modi's extradition may take a year

July 02, 2015 08:16

Notwithstanding the Union government's claim of fast-tracking extradition proceedings against the former IPL chief Lalit Modi, it may take almost a year for the Enforcement Directorate even to secure an Interpol red-corner notice against him in the money-laundering case.

The ED is pursuing 17 cases against Modi and other former office-bearers of BCCI-IPL under the Foreign Exchange Management Act and the Prevention of Money Laundering Act, involving about Rs. 2,200 crore.

A senior government official said that the ED was yet to serve a notice of personal appearance on the former IPL chairman in the case. Since Modi was in London, it would be a time-consuming process, as the agency would have to serve a notice through the home and the external affairs ministries.

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