<p>ICAI's scrutiny was part of a multi-agency probe launched in April after allegations of financial irregularities and shady deals hit the League.<br /><br />While the Income Tax department is investigating tax evasion by entities involved in the League, Enforcement Directorate (ED) officials are chasing foreign exchange violations in a maze of transactions linking tax havens and mysterious stakeholders in teams.<br /></p>
<p>ICAI's scrutiny was part of a multi-agency probe launched in April after allegations of financial irregularities and shady deals hit the League.<br /><br />While the Income Tax department is investigating tax evasion by entities involved in the League, Enforcement Directorate (ED) officials are chasing foreign exchange violations in a maze of transactions linking tax havens and mysterious stakeholders in teams.<br /></p>