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Lalit Modi expresses relief, as Interpol denies red corner notice

In a major setback to the Enforcement Directorate (ED), the Interpol has rejected ED’s demand to issue a red corner notice against Lalit Modi, which would have paved the way for Modi’s extradition to India. It may be recalled that Indian Premier League (IPL) founder, Lalit Modi, has been accused of corruption. It is alleged that Modi received kickback of more than Rs 125 crore for his role in manipulating the process of assigning broadcast rights of the IPL in 2009.

Modi left India in 2010 after he was surrounded by various allegations related to money-laundering, tax evasion, etc. He has been living in London since then. He has been ordered to return to India, but he has refused to follow such orders citing that he may be targeted by the underworld. Lalit Modi uploaded a post on his Instagram account that read, “I just got off from a flight from Barcelona through which I sat completely numb. Just as I was boarding the flight I got the news that the Interpol had finally investigated and concluded and reached a verdict in my favor with a detailed letter of rejection of India’s request for issuing of a Red Notice.”

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