BCCI, banks in trouble with RBI over South Africa IPL

The Indian Cricket Board is under fire as the Reserve Bank of India has found several financial irregularities in the IPL foreign transactions.

updated: January 13, 2011 09:03 IST
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New Delhi:

The Indian Premier League in South Africa was littered with violations of foreign exchange laws, according to the Reserve Bank of India.

In the three years that it has existed, the IPL's history has been a narrative seeped in scandals, mainly financial.

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