The Lodha committee, appointed by the Supreme Court, on Wednesday asked state cricket bodies not to release any funds disbursed by the Board of Control for Cricket in India, CNN-News18 reported. The panel had earlier directed banks to stop disbursing funds for financial decisions made by the body. The order had led to reports saying that the BCCI could not function because it could not pay its players.
The Lodha panel had earlier directed the Board not to make any decisions on issues apart from “routine matters”. “The disbursement of these amounts are not routine,” it had said. The committee also accused the cricketing body of breaching Supreme Court judgments as well as “the first set of timelines” to implement the reforms laid down by the Lodha panel, which included a “Fund Disbursement Policy”.
Meanwhile, BCCI President Anurag Thakur said the cricketing body will lose several crores if it implements the Justice Lodha committee’s recommendations on the Indian Premier League.