Lodha clarifies on accounts freeze as BCCI threatens to cancel NZ series

04 Oct 2016

1

After reports that the Board of Control for Cricket in India was contemplating cancelling the rest of the ongoing India-New Zealand series, the Justice Lodha Committee has directed banks to unfreeze the board's accounts.

Justice RM Lodha"Cricket must go on," said retired Chief Justice of India R M Lodha, who heads the committee appointed by the Supreme Court to recommend reforms in the running of the BCCI.

On Monday, Justice had directed banks where the BCCI holds accounts not to disburse funds for financial decisions taken by the board at its special general meeting on 30 September.

On Tuesday morning, the Lodha committee instructed Yes Bank to unfreeze BCCI's account, and reports said it would write to Bank of Maharashtra too to unblock its account there.

The series with New Zealand has a Test match and five ODIs remaining. The third and final Test starts on Saturday. India are leading the three-match series 2-0.

As its accounts were frozen, sources in the board said it would be forced to call off all domestic and international cricket. "Now we have no other option than to cancel the series. If we don't have money how will we organise matches. Who will pay? We also have a lot at a stake," BCCI sources had told NDTV.

They also alleged interference by the Lodha Committee. "Lodha Committee is not mandated to interfere in everyday activities. Players need to be paid. If they are happy to play the third Test without being paid, then fine," the sources had said.

While ordering the accounts to be unblocked today, Justice Lodha emphasised that the BCCI was not told to stop payments on routine matters.

"It is clearly stated in the mail that we have told them (the banks) to stop disbursing large funds to state associations. We have not told them to stop payments on routine matters. If anyone says something I can't stop it. We have not ordered them to stop distributing funds on routine matters. Conducting a series is a routine matter," Justice Lodha told NDTV.

New Zealand confirmed it has been told by the BCCI that the series has not been cancelled and the visitors will go ahead with preparations for the third Test.

The storm over the bank accounts is the latest instalment of a pitched battle between the board and the Lodha Committee, which has recommended sweeping changes to bring more transparency and accountability in the board's functioning. It was appointed by the Supreme Court in the wake of the IPL spot-fixing and betting scandal.

The Lodha panel had last week sought the removal of the board's brass, including president Anurag Thakur, in a status report to the Supreme Court complaining that the Board was refusing to implement reforms approved by the court in July, which mandated politicians and bureucrats out of BCCI's administrative control (See: Lodha report: Supreme Court orders ministers, bureaucrats out of BCCI).

The court made scathing observations saying that if BCCI "does not fall in line" and follow the court's directive to implement the Lodha Committee's recommendations, it will take measures to enforce them. The next hearing is on Thursday, 6 October.

Anurag Thakur said on Monday that India may have to pull out of next year's Champions Trophy in England if the BCCI implements the Justice R M Lodha Committee recommendations in toto.

The Lodha Panel has suggested a 15-day window before and after the IPL. The Champions Trophy is scheduled from 1-18 June  2017, while the IPL is likely to end only in the last week of May.

 

Business History Videos

History of hovercraft Part 3 | Industry study | Business History

History of hovercraft Part 3...

Today I shall talk a bit more about the military plans for ...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of hovercraft Part 2 | Industry study | Business History

History of hovercraft Part 2...

In this episode of our history of hovercraft, we shall exam...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of Hovercraft Part 1 | Industry study | Business History

History of Hovercraft Part 1...

If you’ve been a James Bond movie fan, you may recall seein...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of Trams in India | Industry study | Business History

History of Trams in India | ...

The video I am presenting to you is based on a script writt...

By Aniket Gupta | Presenter: Sheetal Gaikwad

view more
View details about the software product Informachine News Trackers