<p>The Sahara Group is the owner of the IPL Pune team. It paid a whopping Rs 1,700 crore to win the bid.<br /><br />According to sources, three teams of the I-T department comprising 16 members from Lucknow and Kanpur arrived at the Sahara India’s head office at Kaporthala and conducted a ‘survey’.<br />Sources said that the searches centred around the sources of funding for purchasing the Pune team by the Sahara group and other details of the bidding.<br /><br />“The I-T team sought documents relating to the company’s IPL bid and the same were provided to them,” a Sahara official told Deccan Herald here on condition of anonymity.<br /><br />“We are cooperating with the I-T department.....we have nothing to hide,” the official said. He, however, denied that there was a raid by the I-T sleuths. “It’s a routine survey,” the official said. <br /><br />The I-T department is conducting raids at the offices of IPL franchisees as part of the ongoing inquiry into the controversies surrounding the IPL bid. The I-T department, while confirming the searches, remained tightlipped about the seizures, if any. <br /></p>
<p>The Sahara Group is the owner of the IPL Pune team. It paid a whopping Rs 1,700 crore to win the bid.<br /><br />According to sources, three teams of the I-T department comprising 16 members from Lucknow and Kanpur arrived at the Sahara India’s head office at Kaporthala and conducted a ‘survey’.<br />Sources said that the searches centred around the sources of funding for purchasing the Pune team by the Sahara group and other details of the bidding.<br /><br />“The I-T team sought documents relating to the company’s IPL bid and the same were provided to them,” a Sahara official told Deccan Herald here on condition of anonymity.<br /><br />“We are cooperating with the I-T department.....we have nothing to hide,” the official said. He, however, denied that there was a raid by the I-T sleuths. “It’s a routine survey,” the official said. <br /><br />The I-T department is conducting raids at the offices of IPL franchisees as part of the ongoing inquiry into the controversies surrounding the IPL bid. The I-T department, while confirming the searches, remained tightlipped about the seizures, if any. <br /></p>