Only online transfers, no cheques: BCCI


A day after three Goa Cricket Association (GCA) officials were arrested by the Economic Offences Wing for allegedly encashing the subsidy worth Rs. 3.3 crore received from the Board of Control for Cricket in India (BCCI), the Board has swung into action.

The BCCI is understood to have decided to stop making cheque payments to any of its affiliate units hereafter.

The decision to switch the payment mode from cheques to online transfer (NEFT/RTGS) will soon be notified to all the associations.

The Board has also asked all the affiliates to get just one account authorised from the bank and statutory authorities so that the payments will be credited only to that.

Major reform

This will be a major reform of the mechanism of funds transfer from the BCCI to its affiliate units.

The arrests of GCA president Chetan Desai, secretary Vinod Phadke and treasurer Akbar Mulla was for an encashment made in 2006, but at least a couple of other associations are also facing allegations of re-routing the BCCI subsidy into the accounts of some of its office-bearers.

The BCCI decision was made a day after its first Chief Financial Officer (CFO), Santosh Rangnekar, formally took charge. Rangnekar, a professional with more than three decades’ experience in financial operations, had made his first appearance at the BCCI special general meeting in Mumbai last month.

It will be interesting to see if the Board’s financial wing can implement Thursday’s decision taken by its top office-bearers.

To take its time

With the arrests of its three top officials, Goa cricket is in turmoil.

Amidst the growing demand for the BCCI to suspend at least the arrested officials, if not the association, the Board has decided against doing anything in a hurry.

While stressing that “the BCCI is in no way undermining these serious allegations,” an official, on condition of anonymity, revealed that it would not be prudent to “act in a hurry when the legal process is happening.”

The official, however, added that the working committee meeting in Dharamshala on June 24 will discuss the issue and decide whether to suspend Desai and Phadke from the BCCI sub-committees.

While Desai, who lost the joint-secretary’s post at the last BCCI election, is the head of the marketing committee, Phadke, a former manager of the senior Indian and under-19 teams, figures in the information technology and data management committee.

“More than these individuals, we will have to ensure that the cricketers and cricket in Goa do not suffer due to this issue. The Board will have to find ways to ensure that,” said the official.

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Printable version | Jan 27, 2020 12:05:43 AM |

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