Mumbai:
Officers of the Income-Tax department, Government of India today visited the office of WSG in Mumbai seeking information in relation to matters concerning the Board of Control for Cricket in India (BCCI) and the Indian Premier League (IPL).
The tax officials requested details of the contractual arrangements in relation to the BCCI and IPL and WSG cooperated fully with the investigating officers and will continue to do so.
WSG acquired the international media rights for the IPL in January 2008 for a period of ten years following a public tender process for these rights. The arrangements between WSG and each of its sub-licensees have been agreed in the normal course of business and each approved by all relevant parties. WSG strongly refutes the allegation of any impropriety in relation to these matters and totally rejects unsubstantiated comments reported in the media about its business transactions.
On behalf of WSG
The tax officials requested details of the contractual arrangements in relation to the BCCI and IPL and WSG cooperated fully with the investigating officers and will continue to do so.
WSG acquired the international media rights for the IPL in January 2008 for a period of ten years following a public tender process for these rights. The arrangements between WSG and each of its sub-licensees have been agreed in the normal course of business and each approved by all relevant parties. WSG strongly refutes the allegation of any impropriety in relation to these matters and totally rejects unsubstantiated comments reported in the media about its business transactions.
On behalf of WSG
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