Lodha panel row: 12 state bodies will not use BCCI funds until Supreme Court issues clearance
An affidavit issued by the Board of Cricket Control for India said the associations would keep the money in a term deposit.
The Board of Cricket Control for India on Wednesday told the Supreme Court that 12 of its state affiliate members will not utilise funds sanctioned by it until they receive clearance from the apex court, PTI reported. The states bodies include Andhra Pradesh, Gujarat, Haryana, Himachal Pradesh, Jharkhand, Karnataka, Maharashtra, Mumbai, Punjab, Saurashtra, Tamil Nadu and Uttar Pradesh.
BCCI General Manager (administration and game development) Ratnakar Shetty submitted an affidavit to the court that said, “The BCCI has received letters from 12 member associations stating that the funds received by them as due from BCCI between September 26, 2016 and October 1, 2016, have been kept by the respective associations in term deposit."
On October 21, the Supreme Court curbed BCCI's financial deals and ordered that an independent auditor look into the BCCI’s accounts. The court said the Supreme court-appointed Justice RM Lodha panel would need to approve any major contracts.
The Lodha panel was formed by the apex court in January 2015 to look into the affairs of the BCCI, in the aftermath of the spot-fixing scandal in the 2013 edition of the IPL. Comprising former chief justice RM Lodha and retired Supreme Court judges Ashok Bhan and R Raveendran, the committee has recommended major reforms and an administrative rejig in the cricketing body. The key issues over which the Lodha committee and the BCCI are at loggerheads are one vote per state, one person-one post, age cap for office-bearers, and the cooling-off period.