‘Despite ₹250 crore in bank, Saurashtra sought IPL funds’
NEW DELHI: The Committee of Administrators (CoA), in its second status report, has mentioned that Saurashtra Cricket Association which has in excess of ₹250 crore in their bank account sought funds to conduct upcoming IPL matches smoothly.
Not far behind is Himachal Pradesh Cricket Association (HPCA), who had request for funds to organise fourth India vs Australia Test, starting March 25, despite having ₹65 crore-plus in association’s bank account.
Incidentally, ousted BCCI president Anurag Thakur was the HPCA boss when the abovementioned amount of fund was deposited in the state association’s coffers while former board secretary Niranjan Shah ran the show in Saurashtra.
Saurashtra Cricket Association, which was headed by Shah,
THE COA REPORT ALSO MENTIONS HOW JOINT SECRETARY AMITABH CHAUDHARY TRIED TO “RESIST” THE COA FROM CHOOSING ITS OWN LEGAL TEAM.
has asked for funds to conduct IPL matches but CoA status report mentions that the association’s current/savings account has a cumulative amount of over ₹213 crore as per March 31, 2016 along with another ₹42 croreplus deposited by October 31, 2016.
In the second status report filed on Wednesday, under Annexure C (Point 20), the CoA states: “One of the intransigent state/member association is Himachal Pradesh Cricket Association (HPCA) which has not demonstrated with Honourable Court orders dated October 7, 2016 and October 21, 2016 but has sought funds for the Test between India and Australia from March 25, 2017 onwards.
“It is relevant to note that the HPCA had an amount of ₹6,26,92,775 (Rupees Six crore Twenty Six lakh Ninety Two thousand Seven hundred and Seventy Five) in current/savings account and deposits as on March 31, 2016, and a further amount of ₹59,44,30,724 (Rupees Fifty Nine crore Forty Four lakh Thirty thousand Seven hundred and Twenty Four) was remitted by BCCI to HPCA between April 2016 and October 2016.
This is without including an additional amount of Rs 16.73 crore that was remitted on October 1, 2016 and has been directed to be kept in term deposit subject directions of this Honourable Court,” as mentioned in the status report.