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India: Lodha committee warns BCCI against any financial disbursement

The Lodha Panel said that decisions to disburse large funds were taken during the meet. In photo: Chairman of an Indian Supreme Court appointed panel Rajendra Mal Lodha. Photograph: (AFP)

New Delhi, Delhi, India Oct 03, 2016, 12.48 PM (IST)

The Lodha panel, appointed by India's top court, has directed banks where the national governing body for cricket, Board of Control for Cricket in India (BCCI), holds accounts to not disclose any funds for the financial decisions taken by the board at its special general meeting on September 30.


"It has come to the notice of this Committee that certain decisions have been taken at the 'Emergent Working Committee' meeting of the BCCI on September 30, 2016 to disburse large funds to the various member associations," the committee has stated in a letter to the banks, according to Indian news agency PTI. 


The letter was also addressed to BCCI secretary Ajay Shirke, CEO Rahul Johri and treasurer Anirudh Choudhary, the news agency reported. 


"You are aware that by way of this Committee's direction dated 31.8.2016, no further decisions were to be taken regarding the future apart from routine matters. The disbursement of these amounts are not routine, and in any case, not emergent," the committee was quoted as saying. 


"You are also aware that the BCCI has chosen to breach the judgment of the Hon'ble Supreme Court as well as the first set of timelines set out by this Committee which includes the Fund Disbursement policy to be framed by 30.9.2016." the letter said.


The panel has also cautioned the board against taking any further financial decisions, defying which may bring in more trouble for the world's richest cricket board.


"As the status report is to be taken up for directions by the Hon'ble Court on Thursday, 6.10.2016, you are hereby directed not to take any steps towards financial disbursement of the amounts as resolved/approved after the direction dated 31.8.2016. Any violation of this direction will be placed before the Hon'ble Supreme Court for appropriate directions," it added.

(WION with inputs from agencies)

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