Bindra takes on Srinivasan, says he is responsible for massive losses to BCCI

Updated: 07 September 2013 10:04 IST

A vocal critic of the BCCI's current administrators, Bindra said that Srinivasan had not followed the RBI guidelines while setting up a bank account in South Africa during the 2009 Indian Premier League.

Bindra takes on Srinivasan, says he is responsible for massive losses to BCCI

Punjab Cricket Association's Inderjit Singh Bindra has accused N Srinivasan - president-in-exile of the Board of Control for Cricket in India - of causing a loss of 10,000 crores to the Indian cricket board by not following Reserve Bank of India guidelines.


"BCCI is as usual in fixing game... trying to fix Lalit Modi to cover up the exposure of 10,000 crores", the former BCCI president tweeted on Thursday.

A vocal critic of the BCCI's current administrators, Bindra said that Srinivasan had not followed the RBI guidelines while setting up a bank account in South Africa during the 2009 Indian Premier League there. Board secretary at the time, Srinivasan allegedly ignored president Shashank Manohar's emphasis on seeking RBI approval for managing the account.

Bindra also says that there has been a deliberate attempt to avoid RBI framework and that Srinivasan is wrong in saying that former IPL chairman Lalit Modi was a beneficiary in the facilitation fee paid for broadcast-related deals in the initial years of the tournament.

While the BCCI's disciplinary committee in a report on Friday, accused Modi of rigging IPL bids and threatening to start a rival cricket league, Bindra - known to be close to the embattled administrator - said that Srinivasan's actions like cancelling contract with a media group and forcing Sahara group to withdraw from the IPL have also caused BCCI huge losses.



Topics : Board of Control for Cricket in India Sourav Ganguly Cricket
Related Articles
Credit to BCCI For Encouraging Cricket in Country: Sachin Tendulkar
Credit to BCCI For Encouraging Cricket in Country: Sachin Tendulkar
BCCI Maintains Position on Lodha Panel Reforms Ahead of Supreme Court's Verdict
BCCI Maintains Position on Lodha Panel Reforms Ahead of Supreme Court's Verdict
BCCI Unlikely To Change Stance on Lodha Report in Full Members' Meeting
BCCI Unlikely To Change Stance on Lodha Report in Full Members' Meeting
Show Comments
Advertisement