Following local media reports that quoted unnamed BCCI officials as saying they might have to cancel the ongoing series against New Zealand, former chief justice RM Lodha said on Tuesday the board's accounts had not been frozen. The panel, headed by Lodha, ordered banks to halt the disbursements after the BCCI ignored some of the panel's recommendations for reforming the world's richest board, which has been criticized for a perceived lack of transparency. "So far as our email and directions are concerned, it does not restrain BCCI from incurring routine expenditure and expenses on games, matches, series etc," Lodha told India Today news channel. On Tuesday, the Indian Express newspaper quoted an unnamed board official as saying that the BCCI's accounts had been frozen and that the rest of the New Zealand series would have to be scrapped. "It's the first time we've heard of it," the spokesman told local media.

Source: bd News24 October 04, 2016 06:11 UTC