18 August 2017 last updated at 07:18 GMT
 
CoA ignores treasurer, clears one-time benefits for 13 cricketers
Saturday 05 August 2017

CoA ignores treasurer, clears one-time benefits for 13 cricketers
Chaudhary wasn't willing to sign the cheques without prior approval of the general body
In a first of its kind decision in Indian cricket, BCCI's treasurer, who is responsible for managing the finances of BCCI, was kept out of the loop while making one-time benefit payments worth Rs 35 lakh each to 13 Indian cricketers - including Atul Wassan and Lalchand Rajput - who have played between one and nine Tests for India after 1970.
The Supreme Court-appointed Committee of Administrators (CoA) has created a parallel setup to release funds due to constant bickering from the BCCI old guards on payment issues. They made the board's administration and game development general manager, Professor Ratnakar Shetty, and CFO Santosh Ragnekar the official signatories. They were told to use their discretionary power for signing the cheques.
Sources said since the treasurer's office, headed by Anirudh Chaudhary, wasn't willing to sign the cheques in the names of the 13 cricketers without prior approval of the general body, both Shetty and Ragnekar signed on the cheques.
This has not gone down well with the rest of the board members. "Have you ever heard any organisation releasing funds without the signature of the treasurer?" a board official asked. He said that this bypassing of authority highlights a lack of trust and dignity.
BCCI and CoA have had a difference of opinion over other payment issues in the past. They differed over paying incentives to Indian cricketers after they won the Test series against Australia at home. A similar problem erupted when the CoA again approved one-time benefit for the women cricketers. But on both occasions, cheques were signed by the treasurer then.
"This can't be made into a habit. There is a mode of making payments and if that is not followed, there is something seriously wrong with the system," a BCCCI official said.
However, acting secretary Amitabh Choudhary, during the meeting in New Delhi in mid-June had assured the CoA that the decision will be approved at the board's special general meeting on June 26. But the board members couldn't reach an agreement because the discussion mostly ranged around the implementation of the Lodha reforms.

In a first of its kind decision in Indian cricket, BCCI's treasurer, who is responsible for managing the finances of BCCI, was kept out of the loop while making one-time benefit payments worth Rs 35 lakh each to 13 Indian cricketers - including Atul Wassan and Lalchand Rajput - who have played between one and nine Tests for India after 1970.

The Supreme Court-appointed Committee of Administrators (CoA) has created a parallel setup to release funds due to constant bickering from the BCCI old guards on payment issues. They made the board's administration and game development general manager, Professor Ratnakar Shetty, and CFO Santosh Ragnekar the official signatories. They were told to use their discretionary power for signing the cheques.

Sources said since the treasurer's office, headed by Anirudh Chaudhary, wasn't willing to sign the cheques in the names of the 13 cricketers without prior approval of the general body, both Shetty and Ragnekar signed on the cheques.

This has not gone down well with the rest of the board members. "Have you ever heard any organisation releasing funds without the signature of the treasurer?" a board official asked. He said that this bypassing of authority highlights a lack of trust and dignity.BCCI and CoA have had a difference of opinion over other payment issues in the past. They differed over paying incentives to Indian cricketers after they won the Test series against Australia at home. A similar problem erupted when the CoA again approved one-time benefit for the women cricketers. But on both occasions, cheques were signed by the treasurer then.

"This can't be made into a habit. There is a mode of making payments and if that is not followed, there is something seriously wrong with the system," a BCCCI official said.However, acting secretary Amitabh Choudhary, during the meeting in New Delhi in mid-June had assured the CoA that the decision will be approved at the board's special general meeting on June 26. But the board members couldn't reach an agreement because the discussion mostly ranged around the implementation of the Lodha reforms.

(Courtesy: The Times of India)

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