Probe in initial stage

Basically, it was “six simple questions” that the I-T sleuths were trying to ask each of the IPL franchise owners.

A full-scale investigation became necessary after the Tharoor row had created an impression that ‘IPL business’ was a “huge receptacle for recycling lots of money”, top official sources in Delhi told Deccan Herald on Thursday.

With a large number of documents having been seized during the raids, sources has said the voluminous data will have to be studied carefully alongside their responses before a report could be submitted to the Finance Ministry.

It is not yet clear whether there will be one consolidated report on all the 8 IPL franchisees or individual reports on each of them. Sources also ruled out any immediate arrest in this connection.