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  1. Hyderabad Cricket Board Audit: Rs 24 cr for a canopy, freebies, theft!

Hyderabad Cricket Board Audit: Rs 24 cr for a canopy, freebies, theft!

The audit was conducted by a firm commisioned by BCCI to review of the functioning of each state association till March 31, 2015.

By: | New Delhi | Published: December 3, 2016 10:52 AM
hca The audit was conducted by a firm commissioned by BCCI to review of the functioning of each state association till March 31, 2015.

An audit report of expenditures at Hyderabad Cricket Board has highlighted a number of chilling discrepancies. The details accessed by the Indian Express, reveal utterly suprizing details of expenditures like order 2,600 plates of food during an U-19 match, two travel vendors paid for the same flight taken by the junior team, furniture and laptops missing, Rs 40 lakh spent on medical insurance for club secretaries’ families, charges of electricity theft, gold coins for executive committee members. The audit was conducted by a firm commisioned by BCCI to review of the functioning of each state association till March 31, 2015.

The report further tells much significant irregularities like including taking and repaying unsecured temporary loans from ‘unknown’ individuals and committee members, forged cheques,  mismatch between actuals and budgeted amount, Income-Tax authorities attaching land for non-payment of taxes, and spending Rs 24.30 crore on constructing a canopy at Uppal Stadium.

The report even highlights the details of ongoing proceedings of the anti-corruption bureau against the HCA, with alleged irregularities amounting to Rs 87.91 crore.

The Hyderabad Cricket Board included some of the top politicians and veteran cricketers at the time these alleged discrepencies took place. Currently, from cricketer Arshad Ayub is the preident of the board, while one-time team mate Shivlal Yadav was secretary for nine years till 2009 before being elevated to a BCCI vice-president. It alsi includes M V Sridhar, a former opener in domestic cricket, who had two stints as HCA secretary and is presently BCCI manager (cricket operations).

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