//Dalmiya misappropriated funds: BCCI'

Dalmiya misappropriated funds: BCCI'

CNN-IBN, Updated 1751 hrs IST (+GMT 5:30), 21.02.06

New Delhi: The Indian cricket board (BCCI) has accused its former president Jagmohan Dalmiya of misusing the board’s funds. The funds are related to the 1996 Cricket World Cup that was jointly hosted by India, Pakistan and Sri Lanka.

BCCI Vice President Lalit Modi claimed Dalmiya had misused PILCOM money and also bungled funds on account of TV rights money. PILCOM was the committee formed during the 1996 World Cup.

"The issue now is crores of money," Modi said.

"PILCOM was being operated by its erstwhile secretary Mr Dalmiya. That has been shut down and the money transferred to CAB (Cricket Association of Bengal of which Dalmiya is the president). So the members have asked the President to issue a show cause on Dalmiya," he said.

"The President is authorised to take a decision in this regard. Dalmiya has sought seven days to reply to the note sent by BCCI Treasurer with regards to affairs of PILCOM account," Modi added.

The Board is now contemplating taking criminal action against Dalmiya and asked him to answer to its charges within the next seven days.

"Mr Dalmiya had issued a cheque of Rs 39 lakh to Cricket Association of Bengal (CAB). Why was the BCCI money paid to CAB is not known," Vice President, BCCI, Lalit Modi said.

Modi, who is also the chairman of the marketing committee of BCCI, added that though Dalmiya had said that the BCCI accounts were audited by Billimoria & Co but that has been denied by the auditing firm.

Claiming that the case was one of fraud and needed a criminal investigation, Modi said $4 million US pertaining to a TV rights deal was also "missing".

Reacting to the charges Dalmiya told CNN-IBN that all the charges levelled against him are baseless.

In November 2005 the Dalmiya faction was defeated by the Sharad Pawar group in the elections for the various posts of the cricket board.

The Board’s Working committee is meeting in New Delhi on Tuesday for the approval of various decisions taken by BCCI’s marketing committee and other committees.

It will be also be discussing venue related issues of the ICC Champions trophy that will be held in India in October this year’.