X
15 rooms gutted after fire breaks out at Agiragadia village in Bhadrak
Ranji Player Natraj Behera Announces Retirement
3 persons are critically injured in accident in Puri
India win 3rd Test match against South Africa

Audit Report Exposes Mega Financial Mess In Odisha Cricket Association


21 March 2017

OMMCOM NEWS


Cuttack: In a shocking expose, Global consultant Deloitte Touche Tohmatsu in its report found large scale financial irregularities in Odisha Cricket Association (OCA) with an unexplained expenditure topping Rs 500 crore.

Among the things under the scanner is its lease agreement on Cuttack’s Barabati Stadium with the Odisha Olympic Association (OCA. Deloitte has unearthed transgressions in account books of associations that receive mass¬ive BCCI funds.

The Audit report said OCA paid Rs 168 crore to a construction firm when it presented the bill on a plain piece of paper. The OCA Club also spent Rs 30 lakh on Holi and New Year’s.

The audit report said in 2014-15, major repair work of Barabati Stadium was carried out at a cost of Rs 3.27 crore by one Sanjay Mishra, despite the budget being only Rs 30 lakh—an inc¬rease of 1,090 per cent! The Rs 50 crore infrastructure subsidy the OCA rec¬¬eived from BCCI was clubbed with its corpus fund, which is against the norm. And the OCA built around 100 flats at a cost of Rs 14.81 crore and gave them to its staff for free.

It also granted life membership of its club at huge discounts to ‘outside parties’, incurring losses of Rs 2.38 crore in the last three years.

Taking notes of the report, the BCCI has sought an explanation on OCA’s expenses in past three years.

According to reports, the Supreme Court appointed Committee of Administrators (COA) had asked global consultant firm Deloitte to make a comprehensive report on the financial irregularities made by BCCI affiliated associations like Hyderabad, Goa, Odisha, Himachal Pradesh, Jammu & Kashmir and Assam.

These state cricket bodies were asked to respond within 10 days.