New Delhi, Apr 19 (ANI): Union Finance Minister Pranab Mukherjee on Monday assured Parliament that all financial aspects of the Indian Premier League (IPL) will be probed, and none who are found guilty, will be spared by the law.
"Some honourable members in the morning raised issues of the IPL and wanted to have a thorough probe in all its aspects. In fact, the concerned the department has already started the investigation process," Mukherjee informed.
"I can assure the honourable members that all aspects of IPL - including its source of funding, from where the funds were routed how it has been invested-all these aspects are being looked into and the appropriate action as per law will be taken," he added.
Mukherjee assured the House that no guilty will be spared.
"No guilty or wrong doers will be spared," Mukherjee said.
Mukherjee's assurance came as the Opposition members, demanding a probe into the alleged black money trail in the IPL, rocked proceedings of the Lok Sabha.
Rashtriya Janata Dal (RJD) chief Lalu Prasad and Janata Dal (United) (JD-U) chief Sharad Yadav and Communist Party of India (CPI) leader Gurudas Dasgupta demanded a probe into the IPL.
In the morning, interacting with media outside the Parliament, the Communist Party of India (Marxist) leader Brinda Karat demanded formation of a Joint Parliamentary Committee to probe the matter.
Former Minister of State for External Affairs Shashi Tharoor's resignation has led to a new demand to clean up the IPL and bring its commissioner Lalit Modi to book.
The Income Tax Department has reportedly sent a notice to all IPL team owners to submit their team ownership and holding documents by this week.
A high-powered meeting called by the Finance Ministry is slated to discuss steps to be taken in the probe.
The Finance and Revenue Secretaries, top I-T and Enforcement Directorate officials are expected to attend the meeting. (ANI)