Arguments for compensation was not conclusive: PCB

Agencies
November 22, 2018

Karachi, Nov 22: Pakistan Cricket Board chairman Ehsan Mani admitted that they didn't have all ends covered while claiming Rs 447 crore compensation from the BCCI which is the reason why they lost the arbitration case heard by ICC's Dispute Resolution Committee.

The PCB had claimed a hefty compensation from BCCI alleging that they didn't honour an alleged Memorandum of Understanding where six bilateral series between 2015-2023 was agreed.

The BCCI always maintained that the one page letter signed by erstwhile secretary Sanjay Patel was only a letter of intent and they could possibly have never played without government permission due to prevailing tension between the neighbouring countries.

"It is disappointing. The fact is that before filing the case the PCB had consulted the queens counsel lawyers in England and were advised that the claim for compensation was strong and on this basis the PCB went into arbitration and litigation," Mani said.

The former ICC President, however, made the point that there is always a risk involved in litigation.

"When I took over, the proceedings of the case were nearly complete and if we had withdrawn, it would have shown us as weak. But whatever the situation is right now, we have to face it and move on," he said.

Mani replaced Najam Sethi who had spearheaded the move to file the litigation against the BCCI last year based on an alleged MoU.

Mani said personally he believed that ICC member nations should never go into litigation and arbitration and talks were the best options.

"The ICC Disputes Resolution Committee didn't accept the MOU as a legally binding agreement although they say morally India should have played against us. Perhaps the documentation on basis of which we decided to claim compensation was not as conclusive as we felt it was."

Asked about the BCCI official statement that India would now seek costs from Pakistan for the litigation, Mani said since they had won the case it was their right.

"If we had won the case we would have done the same. But we will also be filing for having a look at the costs involved in the case and how it should be shared."

Sethi had got the PCB's Governing Board to approve an amount of one million pounds to cover costs of the litigation, which involved hiring top queens counsel in the UK.

"Nearly 80 million rupees have been spent on the case," a PCB source said.

The BCCI took the stance in the Dispute Resolution Committee hearings that the MOU was signed in return for Pakistan supporting the Big Three governance system and this didn't happen, so there was no question of playing the series.

Mani, however, made it clear that Pakistan would like to maintain its relations with the Indian board on basis of equality and would not beg for resumption of bilateral ties suspended since Mumbai terror attacks in 2008.

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News Network
February 5,2020

New Delhi, Feb 5: IPL franchise Kolkata Knight Riders (KKR) has denied any financial dealings with the controversial Rose Valley Group except for it being a sponsor of the side's official jerseys in 2012 and 2013.

KKR issued the clarification after the Enforcement Directorate (ED) attached Rose Valley's assets worth over Rs 70 crore on Monday. The attached assets include Rs 11.87 crore bank deposits of Knight Riders Sports Pvt Ltd, that owns KKR, in connection with a money laundering probe.

The franchise said it hopes for the matter to be resolved expeditiously.

"Rose Valley Hotels was one of KKR's IPL jersey sponsors for IPL seasons 2012 and 2013. Rose Valley had paid KKR an approx. amount of Rs 11.87 crore as sponsorship fees," KKR CEO Venky Mysore said in a statement.

"KKR had no other dealings with the Rose Valley Group including Rose Valley’s micro finance business," he added.

The statement added that in July last year, KRSPL (Knight Riders Sports Pvt Ltd), received a "witness summon" from the ED in connection with an investigation relating to the Rose Valley Group, particularly its micro finance business.

"The ED continues the investigation of Rose Valley. KKR continues to cooperate with the authorities in all respects," Mysore said.

"As part of the investigative process, sometime in October 2019, the ED placed a lien on the said amount earlier paid by Rose Valley to KKR," he asserted.

The directors of KRSPL include Shah Rukh Khan's wife Gauri Khan, actor Juhi Chawla's husband Jay Mehta, Mysore and two others.

Mysore was questioned in this case by ED's Kolkata office in October last year.

Apart from KRSPL, the ED attached properties of two other entities -- Multiple Resorts Pvt. Ltd. and Kolkata's St Xavier's College on Monday.

The ED registered an FIR against the Rose Valley group, its chairman Gautam Kundu and others under the Prevention of Money Laundering Act in 2014.

Kundu was arrested by the agency in Kolkata in 2015 and is in judicial custody at present.

The ED has filed multiple charge sheets in Kolkata and Bhubaneswar courts in this connection and total attachments are now worth Rs 4,750 crore.

The group has been charged by the ED and the CBI with "illegally and fraudulently collecting deposits from public with the intention to cheat them by falsely promising high returns on their investment", thereby perpetrating a ponzi-like fraud.

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News Network
July 6,2020

Karachi, Jul 6: Former Pakistan captain Inzamam-ul-Haq has said that questions will be raised if Indian Premier League is slotted in the window allotted to ICC T20 World Cup in Australia, which in all likelihood will be cancelled in the wake of the Covid-19 pandemic.

The ICC is yet to decide the fate of the T20 World Cup in Australia which is scheduled to take place from October 18 to November 15.

"There are rumors that the World Cup was clashing with the Indian Premier League (IPL) and the Australia-India series, therefore, it (T20 World Cup) won't take place," Inzamam said in his YouTube channel on Sunday.

"The Indian board is strong and has control in the International Cricket Council (ICC). If Australia says that we cannot hold the World Cup because of the Covid-19 pandemic, then their stance will be easily accepted, but if any such kind event happens during the same time, then questions will be raised," he said.

The 50-year-old former batsman, who has scored 8,830 runs in 120 Tests and 11,739 runs in 378 ODIs for Pakistan, further said, "People will think, if a country could host 12 to 14 teams (16 teams), then why the ICC could not look after the teams, after all Australia is such an advanced country.

"Another thing is the ICC should not be allowed to give priority to private leagues (IPL) on international cricket. This will lead to young players forcing on private leagues other than international matches."

The former coach, however, agreed that it is not easy to host 16 nations during the T20 World Cup.

"Australia can say that it was difficult for it to manage 18 teams (16) for the mega event as it is not easy. Likewise, the Pakistan team was in England in a hotel and all the facilities were being provided there, therefore, it has not been easy to manage 18 teams (16)," he said.

The fate of Asia Cup which PCB will be hosting in a neutral country for security reason is also an issue as no one knows the fate of the tournament originally scheduled in September.

Inzamam said: "I have also heard that objections are also raised on the dates of the Asia Cup as it is clashing with some other event.

"The ICC, the Asian Cricket Council (ACC) and all cricket boards should sit together and give a strong message that any such kind of impression (giving priority to private leagues instead of international cricket), won't take place," he said.

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News Network
May 28,2020

May 28: Former India captain and Kings XI Punjab head coach Anil Kumble is hopeful of the IPL happening this year and is not averse to the idea of conducting the cash-rich event without spectators due to the COVID-19 threat.

It is not official yet but there is speculation that the BCCI wants to hold the IPL in the October window after the tournament was postponed indefinitely earlier this year due to the COVID-19 pandemic.

"Yes we are hopeful and optimistic that there is still a possibility (to hold IPL this year) if we can cram in the schedule," Kumble was quoted as saying by Star Sports show 'Cricket Connected'.

"If we are going to have a stadium without spectators, then probably have 3 or 4 venues; there's still a possibility, we are all optimistic," said the former spinner, who is also the chairman of ICC's Cricket Committee.

Former India batsman VVS Laxman said the stakeholders can stage the league in cities which have multiple stadia to reduce travelling by players.

"Absolutely (there is chance to hold IPL this year), and also make sure that all the stakeholders have a say," he said.

"...you should identify one venue, which probably has 3 or 4 grounds; if at all you find that kind of a venue because travel is again going to be quite challenging," said the former stylish batsman.

"You don't know who's going to be where at the airports, so that I'm sure the franchises and the BCCI will be looking into."

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