Srinivasan

MUMBAI: The Enforcement Directorate (ED) on Thursday slapped a penalty of over Rs 1.315 billion collectively on the Board of Control for Cricket in India (BCCI), its former chief N Srinivasan, former IPL commissioner Lalit Modi and a few other former office bearers for alleged violation of the Foreign Exchange Management Act (FEMA) during IPL season 2009 after completing the adjudication process in the case.