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Lodha panel issues strict instructions to state associations against using funds disbursed by BCCI

New Delhi: The Supreme Court appointed Justice RM Lodha panel in an e-mail communication to all state association has strictly instructed them not to "transfer or disturb" the recent funds disbursed as infrastructural subsidy.

File image of Justice RM Lodha. PTI

File image of Justice RM Lodha. PTI

"It is further learnt that amounts between Rs.10-20 crore were disbursed to each Association as infrastructure subsidy and Rs.28 crore as compensation shares from the Champions League T20 cancellation. The banks confirm that most of these transactions were hurriedly carried out by RTGS between 29 September and 1 October," the email states.

"You are aware that a Status Report has been filed before the Supreme Court for certain directions and that will be taken up for hearing on 6 October 2016. In this light of events, as the actions of the BCCI to transfer these funds is contrary to this Committee's directions and sub-judice, you are hereby directed not to in anyway transfer or disturb those funds that have been transferred as above to your association.

"If anything is done contrary to this express direction, it will be brought to the knowledge of the Hon'ble Supreme Court for appropriate orders on contempt," they stated.

Published Date: Oct 04, 2016 21:15 PM | Updated Date: Oct 04, 2016 21:19 PM

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