ED may join probe team

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.

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.

If any evidence of such activity emerges from the scrutiny of the documents, then a full-fledged probe will be initiated, ED sources said.