With the Board of Control for Cricket in India (BCCI) threatening to call off the ongoing series between India and New Zealand, the Justice R M Lodha-led committee on Tuesday clarified that they didn’t direct banks to freeze the accounts of the Board and it carry on with its routine expenses.
Fuming at the defiance of its recommendations, the Lodha panel had “directed” banks, where the 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.
However, Mr. Lodha clarified: “We have not frozen the accounts of BCCI, we have directed the BCCI to not disburse funds to the State associations. Day to day affairs, routine expenditure, matches, games, that should go on. There is absolutely no prohibition.”