Indore Test match between India and NZ under cloud as BCCI accounts frozen after Lodha committee recommendations: Reports
The Third Test Match Between India And New Zealand, Scheduled To Be Played In Indore From October 8-12, Has Come Under A Cloud After The Lodha Committee Questioned The Board Of Control For Cricket In India (BCCI) Regarding Distribution Of Annual Subsidies And Other Payments To Various State Associations.
The third test match between India and New Zealand, scheduled to be played in Indore from October 8-12, has come under a cloud after the Lodha Committee questioned the Board of Control for Cricket in India (BCCI) regarding distribution of annual subsidies and other payments to various state associations.
Yes Bank and Bank of Maharashtra which operate BCCI’s accounts were also marked in an email sent by the Lodha committee to the cricket board.
Also Read: (Justice Lodha clarifies they didn't direct banks to freeze accounts of BCCI)
Further, the Supreme Court appointed Lodha panel asked both the banks to not provide funds for financial decisions taken by the board at its special general meeting on September 30.
Sources have pointed out that both Bank of Maharashtra and Yes Bank responded to the Lodha committee directions and chose to freeze the BCCI’s accounts on Monday. The move has left the BCCI fuming and they claim that they are unable to pay the New Zealand board for the ongoing series. The Lodha committee’s directions have left the whole New Zealand series in jeopardy apart from putting the entire home season in doubt.
For all the Latest Sports News News, Cricket News News, Download News Nation Android and iOS Mobile Apps.
More from Sports News
Who Is The Greatest T20 Player Ever?Â
Winning The WWE Royal Rumble rule is the later one goes, the fresher he/she is says Hacksaw Jim Duggan
Kerala HC Lifts Ban: Online Rummy is a Game of Skill, Playing for Stakes or is not relevant
Women Hockey Stick ‘Rani 28’, set for the auction at the official website 'PM Mementos'
Pramod Bhagat's Badminton Racquet all set for the e-auction at the base price Rs.80,00,000