BCCI Seeks Directives From Lodha Panel on Media Rights Tender
The Supreme Court has asked the Lodha Panel to appoint an independent auditor to scrutinise the grant of contracts by the Board of Control for Cricket in India
Highlights
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An independent auditor will oversee all contracts awarded by BCCI
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The directive was given by BCCI
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BCCI is scheduled to award media rights soon
With the Supreme Court directing the Board of Control for Cricket in India (BCCI) to have an independent auditor appointed by the Lodha Panel, the Board on Saturday sought clarifications as the global media rights (including broadcast, internet and mobile) tenders are slated to be submitted by October 25.
There are primarily three specific points on which the parent body of cricket in India sought directions from the Lodha panel.
Firstly, the decision regarding appointing an independent auditor to oversee the tender and other processes. Second is if there should be any specific directions/instructions on whether BCCI should defer or cancel the opening of global tender on October 25.
The board also wanted a directive on whether they could issue clarifications to the potential bidders if they have any questions in their mind.
Around 18 companies, including social networking giants like Facebook and Twitter, have bought the tender documents.
BCCI had appointed M/S Deloitte to supervise the submission, opening and assessment of the bids.