Steve Smith called to give up captaincy as probe launched into ball tampering

Agencies
March 25, 2018

Melbourne, Mar 25: Cricket Australia will not rule on Steve Smith's future as captain until it completes a probe into stunning ball-tampering revelations that have plunged the test team in crisis, CEO James Sutherland said on Sunday.

Sutherland's comments came as a shocked nation digested reports from South Africa that Smith and senior players conspired to change the condition of the ball using sticky tape and grit from the pitch during the third Test in Cape Town.

Former players and pundits have called on Smith to step down immediately, describing his position as “untenable”.

Sutherland, however, said the 28-year-old would continue to lead the side while the investigation played out.

“Steve Smith is currently the captain of the Australian team,” Sutherland told reporters in front of a huge media scrum outside the Melbourne offices of Cricket Australia (CA).

“We are working through a process and once we have a clearer picture of the facts and understand things once [CA head of integrity] Iain [Roy] submits his report we will be in a better position to make further comment.”

Smith, who has led the team since 2015 and is the team's best batsman, confessed to reporters in Cape Town on Saturday that the ball-tampering had been orchestrated by himself and senior players.

Opening batsman Cameron Bancroft, the most junior member in the side at 25, was tasked with implementing the plan and was duly caught on camera using the tape.

He has been charged by the International Cricket Council (ICC), which could lead to a one-match ban and a 100% fine of his match fee.

The cost to Australia's reputation is immeasurably higher, however, with former players across the globe branding the team as cheats and fans castigating the players on social media.

Michael Clarke, Smith's predecessor as captain, said the revelations were “disgraceful” and that he had no doubt that the skipper would be “crying in his hotel room”.

“I can't believe the senior players have made a decision to do that,” he told Australian television. “It's disgraceful and it's not accepted by anyone.”

Australian former Test bowler Rodney Hogg said Smith could not continue in his role.

“Unfortunately this is blatant cheating and Steve Smith will have to step down as Australian captain,” Hogg said on Twitter.

Former England captain Michael Vaughan hit out at the decision to use Bancroft to carry out the plan.

“What I find appalling in all this is the youngster got given the job,” he tweeted.

“Was it because someone in the team had been accused of using Hand tape for a similar affect !!!!!!! So they wanted someone else to take the mantle.... Disgraceful behaviour by senior pros.”

Careful wording

Sutherland described it as a “very sad for Australian cricket” and said fans had “every reason to wake up and not be proud of the Australian cricket team”.

However, the long-serving CEO declined to call the ball-tampering “cheating” and steered studiously clear of using the word.

“Look, I think it's pretty clear that ICC match referee has made a charge,” Sutherland said.

“A player [Bancroft] has admitted to that... I'll make a judgment on that in the next couple of days.”

Prominent Australian cricket writer Gideon Haigh dismissed Sutherland's response as one from a “quintessential bureaucrat”.

“It doesn't ring true, it doesn't resonate with the public,” Haigh told local broadcaster ABC.

“We actually expect of Australian cricketers behaviour that we do not expect of players in other [sporting] codes.”

Australian newspapers described the scandal as the worst captaincy crisis since 1981 when skipper Greg Chappell instructed younger brother Trevor to bowl underarm with the last ball in a one-day match against New Zealand to secure a victory.

“What took place at the foot of Table Mountain was dumb and deplorable in equal measure,” wrote Fairfax Media's Chris Barrett.

“In the case of Smith, he should have known better... The mistake may cost him very dearly.”

Former captain Allan Border said it was “a bad look for Australian cricket”.

“Certainly, it will go all the way through to Cricket Australia,” he said commentating on broadcaster Supersport.

“The directors will get involved. It's that serious.”

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News Network
May 11,2020

May 11: Saudi Arabia will triple its value-added tax rate and suspend a cost of living allowance for state workers, it said on Monday, seeking to shield finances hit by low oil prices and a slump in demand for its lifeline export worsened by the new coronavirus.

Historic oil output cuts agreed by Riyadh and other major producers have given only limited support to prices after they sank on oversupply caused by a war for petroleum market share between the kingdom and its fellow oil titan Russia.

Saudi Arabia, the world's largest oil exporter, is also being hit hard by measures to fight the new coronavirus, which are likely to curb the pace and scale of economic reforms launched by Crown Prince Mohammed bin Salman.

"The cost of living allowance will be suspended as of June 1, and the value added tax will be increased to 15% from 5% as of July 1," Finance Minister Mohammed al-Jadaan said in a statement reported by the state news agency. "These measures are painful but necessary to maintain financial and economic stability over the medium to long term...and to overcome the unprecedented coronavirus crisis with the least damage possible."

The austerity measures come after the kingdom posted a $9 billion budget deficit in the first quarter.

The minister said non-oil revenues were affected by the suspension and decline in economic activity, while spending had risen due to unplanned strains on the healthcare sector and the initiatives taken to support the economy.

"All these challenges have cut state revenues, pressured public finances to a level that is hard to deal with going forward without affecting the overall economy in the medium to long term, which requires more spending cuts and measures to support non-oil revenues stability," he added.

The government has cancelled and put on hold some operating and capital expenditures for some government agencies, and cut allocations for some reform initiatives and projects worth a total 100 billion riyals ($26.6 billion), the statement said.

Central bank foreign reserves fell in March at their fastest rate in at least 20 years and to their lowest since 2011, while oil revenues in the first three months of the year fell 24% from a year earlier to $34 billion, pulling total revenues down 22%.

"The reforms are positive from a fiscal side as greater adjustment is essential. However, the tripling of VAT is unlikely to help that much in 2020 revenue wise with the expected fall in consumption," said Monica Malik, chief economist at Abu Dhabi Commercial Bank.

She said she kept unchanged her deficit forecast of 16.3% of GDP for this year, which already factors in a greater than previously announced spending cut.

About 1.5 million Saudis are employed in the government sector, according to official figures released in December.

In 2018, Saudi Arabia's King Salman ordered a monthly payment of 1,000 riyals ($267) to every state employee to compensate them for the rising living costs after the government hiked domestic gas prices and introduced value-added tax.

DIFFICULT TIMES

A committee has been formed to study all financial benefits paid to public sector employees and contractors, and will submit recommendations within 30 days, the statement said.

In late 2015, when oil prices fell from record highs, the kingdom slashed lavish bonuses, overtime payments and other benefits once considered routine perks in the public sector.

In a country without elections and with political legitimacy resting partly on distribution of oil revenue, the ability of citizens to adapt to such reforms is crucial for stability.

"Tripling the VAT will test the limits of the balance between revenues and consumption as the economy dives into a deep recession. The move will impact consumption and could also lower the expected revenues," said John Sfakianakis, a Gulf expert at the University of Cambridge.

"These are pro-austerity and pro-revenue moves rather than pro-growth ones," he said.

Hasnain Malik, head of equity strategy at Tellimer, said the VAT rise could bring about $24-$26.5 billion in additional non-oil fiscal revenue. The rise would hit consumer spending further but was a needed step towards fiscal sustainability, he said.

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News Network
February 21,2020

New Delhi, Feb 21: Global terror financing watchdog FATF on Friday decided continuation of Pakistan in the "Grey List" and warned the country that stern action will be taken if it fails to check flow of money to terror groups like the LeT and the JeM, sources said.

The decision has been taken at the Financial Action Task Force's plenary in Paris.

The FATF decided to continue Pakistani in the "Grey List". The FATF also warned Pakistan that if it doesn't complete a full action plan by June, it could lead to consequences on its businesses, a source said.

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News Network
March 29,2020

New Delhi, Mar 29: Former Indian batsman Wasim Jaffer on Sunday picked his all-time IPL team and appointed wicket-keeper batsman MS Dhoni as its captain.

Jaffer's team's feature opener Rohit Sharma, current Indian skipper Virat Kohli, all-rounder Hardik Pandya, spinner R Ashwin, and pacer Jasprit Bumrah as seven domestic players.
While the foreign players spot have been occupied by West Indies' swashbuckling batsman Chris Gayle, all-rounder Andre Russell, Afghanistan's spinner Rashid Khan, and Sri Lanka's veteran pacer Lasith Malinga.
Indian all-rounder Ravindra Jadeja has been picked as 12th man by Jaffer.

Earlier this month, the Board of Control for Cricket in India (BCCI) decided to postpone the IPL to April 15, 2020, as a precautionary measure against COVID-19 outbreak.
The board also assured that it will work in unison with the Sports Ministry and will adhere to the guidelines issued.

The 13th edition of IPL was scheduled to commence from March 29. 

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