BCCI independent auditors find plenty wrong in state units
The BCCI hired the international audit consulting and financial advisory firm, Deloitte, last year and it has so far scanned the books of around 20 associations.Updated: Jun 07, 2016 11:43 IST
The Indian cricket Board’s first comprehensive audit of how state associations spend its massive grants has thrown up widespread irregularities.
The BCCI hired the international audit consulting and financial advisory firm, Deloitte, last year and it has so far scanned the books of around 20 associations.
The auditors were also surprised by the manner in which some units maintain their accounts. “Deloitte had sent a detailed questionnaire to all state associations, but their accounts tell a different story. We want to go deep to find out details about how the associations spend money given by the BCCI,” a Board official familiar with the checks, told HT.
Since the 2013 IPL spot-fixing scandal, the BCCI has been under pressure to monitor the money that goes to state units. The Board now releases grants only after state units submit annual returns. It is learnt that Deloitte has, in the last three months, done audits of most top associations, including some Test centres. Its auditors spent up to a fortnight with each unit.
“I don’t know how many associations Deloitte has investigated so far, but we are one of them. They wanted to check our accounts and we provided them everything,” Punjab Cricket Association secretary, MP Pandove, said.
The Delhi and District Cricket Association (DDCA), facing corruption inquiries by CBI and other agencies, is yet to be audited. “We have received a notice from Deloitte. Maybe, they will come next week,” DDCA treasurer, Ravinder Manchanda, said.
There are other state associations facing corruption charges with various agencies probing fraud involving millions of rupees, but so far no FIR has been registered.However, cases have been registered against some Jammu and Kashmir association officials under sections 120B (criminal conspiracy), 406 and 409 (criminal breach of trust) over a financial case. The BCCI has taken some steps to curb swindling in state units following adverse remarks by the Supreme Court during the spot-fixing case hearing.
“… A huge amount like Rs 572 crore was distributed (in 2015). Next year, it may be over `1000 crore. Should your system of disbursement not be perfect?” Chief Justice TS Thakur had observed.
The Justice RM Lodha committee has suggested structural reforms in BCCI to usher in transparency. The Board made a key amendment to its by-law in November on financial accountability of state units.
“It (BCCI) will appoint an independent auditor to scrutinise the statement of accounts with regard to payments made to the member, and all further payments due to a member, associate member and an affiliate member will be released only after the audit report.”
First Published: Jun 07, 2016 10:59 IST