Play Fantasy Cricket & Win

Cash Daily! Click here

Home > News >

BCCI may want their money back after IOA suspension

BCCI may want their money back after IOA suspension

BCCI had earlier contributed Rupeess fifty crore it has contributed to the National Sports Development Fund for development of medal prospects © Getty Images

New Delhi: Dec 4, 2012

After the suspension of Indian Olympic Association (IOA) by the International Olympic Council (IOC), the Board of Control for Cricket in India might just ask the sports ministry to return the Rs 50 crore it has contributed to the National Sports Development Fund for development of medal prospects.

“We are keenly following the developments (IOA suspension) and the matter might come up for discussion. The BCCI brass is very disappointed that the money that was contributed in the Rs 80 crore BEST fund ( BCCI-NSDF Elite Sports Talent fund) hasn’t been spent properly,” a BCCI insider preferring anonymity told PTI on Tuesday.

“The BCCI had filed an RTI and we found out that only a nominal percentage of the BEST fund has been spent. Also we gave the money for benefit of medal prospects and we saw that money was spent on renovation of academies. Now with IOA’s suspension, we need to take a call on whether we will ask for the money back from the ministry,” the official said.

Rupees six crore was spent on construction of a stadium Jammu & Kashmir and Rs Four crore for upgradation of PT Usha’s academy.

In fact the BCCI officials are now having a laugh at the IOA and sports ministry who will now be desperate to set their house in order.

Indian T20 League 2014

Apr 25, 2014 (16:00 IST)   at Dubai

Indian T20 League 2014

Apr 25, 2014 (20:00 IST)   at Dubai

Indian T20 League 2014

Apr 26, 2014 (16:00 IST)   at Abu Dhabi

Indian T20 League 2014

Apr 26, 2014 (20:00 IST)   at Abu Dhabi

Indian T20 League 2014

Apr 27, 2014 (16:00 IST)   at Sharjah

More

Indian T20 League 2014

Apr 24, 2014  at Sharjah

Kolkata Knight Riders won by 2 runs

Indian T20 League 2014

Apr 23, 2014  at Dubai

Chennai Super Kings won by 7 runs

Indian T20 League 2014

Apr 22, 2014  at Sharjah

Kings XI Punjab won by 72 runs

Indian T20 League 2014

Apr 21, 2014  at Abu Dhabi

Chennai Super Kings won by 93 runs

Indian T20 League 2014

Apr 20, 2014  at Sharjah

Kings XI Punjab won by 7 wkts

Photos

CSK vs DD, IPL 2014 Match 8 at Abu Dhabi

Videos

IPL: Tanmay Mishra talks shows the contents of his kit

Roy Marshall: The Hampshire giant who kept English cricket alive in their dullest days

Andy Whittall: The man who made his Test debut without playing domestic cricket at home

Barry Shepherd: Nine Tests, only to pursue an alternative career

IPL 2014: Chennai Super Kings have surprisingly strong Indian pace attack

IPL 2014 Schedule: Match time table for IPL 7

Chennai Super Kings Delhi Daredevils Glenn Maxwell India IPL IPL 7 IPL 2014 Kings XI Punjab Kolkata Knight Riders MS Dhoni Rajasthan Royals RCB vs KKR Royal Challengers Bangalore Sachin Tendulkar Sunrisers Hyderabad

Chennai Super Kings will be hard to beat once at their peak, says Faf du Plessis

Inzamam-ul Haq backs Waqar Younis to take over as Pakistan coach

IPL 2014: Gautam Gambhir hails ‘incredible win’ against Royal Challengers Bangalore

Sachin Tendulkar’s birthday: Adam Gilchrist has a dig at Shane Warne

Moin Khan hints at change of captain for Pakistan’s ODI side

Roy Marshall: The Hampshire giant who kept English cricket alive in their dullest days

Andy Whittall: The man who made his Test debut without playing domestic cricket at home

Barry Shepherd: Nine Tests, only to pursue an alternative career

IPL 2014: Chennai Super Kings have surprisingly strong Indian pace attack

Sachin Tendulkar given out off a wrong replay on his birthday in IPL 2011

Fan of the Day

Suraj Gowda

Suraj Gowda

622 Posts | 7 Fans

Video Highlights: Virat Kohli's 77 during India vs Sri Lanka ICC World T20 2014 final at Dhaka

Kaanchi quick movie review: Subhash Ghai’s Mishti is no Aishwarya Rai Bachchan

NTT Docomo to reportedly exit Indian market, pull out of JV with Tata Teleservices

Inzamam-ul Haq backs Waqar Younis to take over as Pakistan coach

7 symptoms of STDs or sexually transmitted diseases

Lose weight with this Indian diet plan

Roy Marshall: The Hampshire giant who kept English cricket alive in their dullest days

Madhubala Ek Ishq Ek Junoon: Gunjan Utreja quits the show because of Vivian Dsena?

IPL 2014: HTC One M8 becomes the official phone of the Delhi Daredevils

Also on cricketcountry.com