KKR under investigation

The Shahrukh Khan-owned Kolkata Knight Riders (KKR) is under the scanner of the Enforcement Directorate. Sources tell TIMES NOW that the Enforcement Directorate is investigating the route of KKR Co-Owner Jay Mehta’s funds. Sources tell TIMES NOW Mehta is routing funds through a company called Sea Island Investments based in Mauritius.

“Mehta International Group has invested in Knight Riders Sports Private Limited through M/s The Sea Island Investments Limited, Mauritius,” said Mehta. KKR is one the 10 franchise teams taking part in the Indian Premier League. It was bought by Bollywood actor Shahrukh Khan’s Red Chillies Entertainment in partnership with Juhi Chawla Mehta and her husband Jay Mehta.