BCCI finance will not exist: CoA

THE COMMITTEE OF ADMINISTRATORS ON SATURDAY ISSUED AN 11POINT REBUTTAL TO THE FINANCE COMMITTEE’S QUERY ON ITS ROLE

The Supreme Courtappointed Committee of Administrators (CoA) has said that there’s no place for finance committee in the new BCCI constitution.

Vinod Rai, head of the CoA, had on September 8 informed that the draft for the new BCCI constitution has been made and it will be submitted in the court before September 19.

The CoA on Saturday issued an 11-point rebuttal to the committee’s query on its role.

“Please note that the Finance Committee (as also various other committees) do not find mention in the list of committees included in the draft BCCI constitution that is in line with the recommendations of Hon’ble Justice Lodha Committee (as accepted by the Supreme Court). Accordingly, the above position will continue only until the new BCCI constitution, as per reforms mandated by the Hon’ble Supreme Court, is adopted,” one of the points of the CoA’s letter stated.

The CoA, while pointing out the records, also stated that the decisions taken at the level of the treasurer “have been placed before the finance committee for them to merely take note. Therefore, there is no occasion for any ‘confusion with regard’ to the mandate of finance committee”.

“Therefore, the Committee of Administrators is not obliged to elicit the views of the Finance Committee on every decision, which may have financial implications on the BCCI, but may choose to refer specific issues/ matters to elicit the views of the finance committee where the Committee of Administrators considers necessary,” the CoA stated.