COA writes to state associations saying funds not a problem

Mon, Sep 18, 2017 03:48 pm Posted: Saurabh Sharma
COA writes to state associations saying funds not a problem
Kolkata, Sep 18 (CRICKETNMORE): Close on the heels of Jammu and Kashmir Cricket Association (JKCA) secretary Iqbal Shah mulling a pull-out from the Ranji Trophy due to lack of money, the the Indian board's Committee of Administrators (COA) has written to all state associations stating it has "adequate mechanisms" in place to enable direct payments to third parties for cricket operations.

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"The COA was informed that there were various payments that were required to be made to third party vendors from time to time relating to cricket operations wherein the said vendors would supply goods or services for the benefit of State Associations but would raise invoices or bills on the BCCI (Board of Control for Cricket in India).

"The COA was also informed that there were various instances of specific payments where after taking the approval of the COA, BCCI had made payment of the same and debited the corresponding amounts to the relevant suspense accounts of the respective State Associations.

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"After discussion, the COA decided that the regular approval process as specified in the directions dated 6th April 2017 may be followed for payments which met the following parameters," read the mail, sent to all associations late Sunday night.

Under the sub-heading "Payments for Cricket Operations" in point "B", the fifth point read: "Accordingly, adequate mechanisms have been put in place by the Committee of Administrators to enable payments for cricket operations directly to third parties on behalf of the State Associations.

 

#BCCI #Ranji Trophy #Vindo Rai