The on-going series with NewZeland has gone into jeopardy has threatened to call it off following the recommendations of Justice Lodha Committee recommendations. The panel has “directed” banks, where BCCI holds accounts, not to disburse “large” funds to the state associations, a decision taken by the Board at its Special General Meeting on September 30.
Following the threat, Justice Lodha has immediately clarified that they didn’t direct the banks to freeze the accounts of the Board and it carry on with its routine expenses.
Mr Lodha said: “We have not frozen the accounts of BCCI, we have directed the BCCI to not disburse funds to the state association. Day to day affairs, routine expenditure, matches, games, that should go on. There is absolutely no prohibition.”
The BCCI, however, argued that state associations were depended on the parent body for organising matches and they were unable to carry on their functioning in the wake of the latest directive from the Lodha panel, affecting their preparations for the upcoming games in the ongoing series against New Zealand.
“The members are pained at the treatment meted out to them. They are depended on BCCI’s funds for organising matches. So far seven associations have communicated their inability to host games in the home season while nine of them have inquired about the matter. If things are the way they are, the series (against New Zealand) could called off by today evening,” a senior BCCI official told PTI.
The status report is to be taken up for directions by the apex court on Thursday.