CHENNAI: Members of the Committee of Administrators (CoA) running the BCCI are still to be paid. It was reported by Express on July 20 that their remuneration is yet to be remitted from the BCCI’s accounts. It has now been confirmed that the Supreme Court will decide how much they will get for overseeing process of implementing Lodha commission guidelines.
“The court will take a call on the fees of CoA members. It’s already under consideration of the bench. Once they make it final, the four members will be paid according to the number of days they have been in service. Till now, none of them have received anything,” sources in the know told Express.
It is understood that CoA members have already submitted to the court what they think they should be getting. Whatever amount the court deems fit, will come from BCCI’s account. For Lodha Commission, it was `1 lakh per working day for each of its three members.
Headed by Vinod Rai, the CoA presently has one more member — Diana Edulji — following the resignations of Ramachandra Guha and Vikram Limaye last year. The BCCI had been in the dark about the CoA’s remuneration. In fact, they still are. Waiting for directions from the court, they have no idea how much it will come to and when.
BCCI to pay for Pandove
The BCCI has decided to pay a penalty of `9.72 crore imposed on former treasurer MP Pandove by the Enforcement Directorate (ED) for alleged violation of the Foreign Exchange Management Act (FEMA) during the 2009 IPL in South Africa.
Pandove had applied for indemnity under Rule 34 of BCCI constitution where the organisation pays on behalf of the member if he is slapped with a penalty while discharging his function. Pandove was BCCI treasurer when the IPL was shifted to South Africa.
While BCCI was levied a penalty of `82.66 crore, its former president N Srinivasan had a fine of `11.53 crore imposed on him. Former IPL commissioner Lalit Modi was slapped with a fine of `10.65 crore.
While BCCI has approved the penalty amount to be paid on behalf of Pandove, it says that if he is “found guilty”, the amount will be recovered from him. It also said that if Pandove successfully challenges the order and gets a refund, he will have to deposit the amount back to the BCCI.
Under FEMA, BCCI ought to have taken Reserve Bank of India’s permission before transferring the money to South African banks but an ED investigation found that the board had then neither informed nor taken permission for the transaction.