<p>The ED plans to seek IPL documents relating to the bidding and award of contracts collected by the I-T department from the office of Lalit Modi and other IPL premises.<br /><br />Official sources said the ED is likely to probe the deals involving foreign investors based in tax havens. The ED is a wing of the Finance Ministry which monitors foreign exchange violations and money laundering.<br /><br />If any evidence of such activity emerges from the scrutiny of the documents, then a full-fledged probe will be initiated, ED sources said.</p>
<p>The ED plans to seek IPL documents relating to the bidding and award of contracts collected by the I-T department from the office of Lalit Modi and other IPL premises.<br /><br />Official sources said the ED is likely to probe the deals involving foreign investors based in tax havens. The ED is a wing of the Finance Ministry which monitors foreign exchange violations and money laundering.<br /><br />If any evidence of such activity emerges from the scrutiny of the documents, then a full-fledged probe will be initiated, ED sources said.</p>