Lalit Modi to ap­ply for fresh cit­i­zen­ship in Caribbean tax haven Saint Lu­cia

The Star (St. Lucia) - - LOCAL -

Lalit Modi, the for­mer chair­man and com­mis­sioner for In­dian Premier League (IPL), has ap­plied for a cit­i­zen­ship in Saint Lu­cia, a Caribbean is­land con­sid­ered to be a tax haven, re­ported In­dia To­day on Mon­day.

In March 2016, the tainted for­mer IPL chief had ap­plied for a cit­i­zen­ship in Malta, a small is­land coun­try in the Mediter­ranean Sea.

In May 2010, the En­force­ment Direc­torate (ED) had reg­is­tered a mon­ey­laun­der­ing case against Lalit Modi for al­leged fi­nan­cial reg­u­lar­i­ties in the IPL which led to him flee­ing the coun­try.

In March 2016, a spe­cial court had ap­proved ED’s re­quest of start­ing the ex­tra­di­tion process against Lalit Modi. The court nod to ED was ap­proved by Judge P R Bhavake of the ses­sions court. In fact, in Au­gust 2015, it was Jus­tice Bhavake who had is­sued a non­bail­able war­rant against Modi in con­nec­tion with the money laun­der­ing case.

An ED source had com­mented that they had for­warded a re­quest to the Min­istry of Ex­ter­nal Af­fairs who would be tak­ing the case to the re­spec­tive author­i­ties in the UK.

Saint Lu­cia is con­sid­ered to be one of the tax havens in the world were bank­ing se­crecy is of the high­est stan­dards. From re­ports it has been sug­gested that Lalit Modi has ap­plied for cit­i­zen­ship for his en­tire fam­ily but the Caribbean Is­land is strict when it comes to is­su­ing pass­ports, ac­cord­ing to In­dia To­day.

Saint Lu­cia has asked for a back­ground check of Lalit Modi through In­ter­pol so it seems highly un­likely that he and his fam­ily would be granted cit­i­zen­ship.

Some­thing about Saint Lu­cia seems to at­tract the par­tic­u­larly un­savoury. Might that some­thing be that our coun­try is in­dis­putably “sim­ply beau­ti­ful”?

Newspapers in English

Newspapers from Saint Lucia

© PressReader. All rights reserved.