The three were granted bail on furnishing a bail bond of Rs 1 lakh and a surety of similar amount © Getty Images (Representational Image)
The three were granted bail on furnishing a bail bond of Rs 1 lakh and a surety of similar amount © Getty Images (Representational Image)

Panaji: A Goa court on Friday granted conditional bail to top Goa Cricket Association (GCA) officials including president Chetan Desai, secretary Vinod Phadke and treasurer Akbar Mulla, who were earlier arrested for cheating the state cricketing body of Rs 3.13 crore released to it by the Board of Cricket Control of India. The three were granted bail on furnishing a bail bond of Rs 1 lakh and a surety of similar amount. Desai, Phadke and Mulla were arrested on June 15 by the Economic Offence Wing of the Goa Police, which was investigating the case. Goa Police dispatches team to BCCI headquarters

According to the complaint filed by GCA member Vilas Desai, the three had in 2007 opened fake accounts in the Development and Credit Bank and deposited the money released by the BCCI into their personal accounts. The BCCI has appointed a committee to probe the goings on in the GCA following their arrest. GCA officials arrest: Decision on bail plea on June 18

Earlier, Goa Police, probing the Rs. 3.13 crore fraud allegedly committed by three functionaries of Goa Cricket Association (GCA), on Wednesday dispatched its team to the Mumbai headquarters of the Board of Control for Cricket in India (BCCI) to gather relevant details. The Economic Offences Cell of the local police had on June 15 arrested GCA president Chetan Dessai, secretary Vinod Phadke and treasurer Akbar Mulla on GCA life member Vilas Desai’s complaint that the trio had allegedly encashed a cheque given by BCCI to GCA between 2007 and 2008. “The entire misappropriated sum includes a cheque of Rs 2.87 crore which was released by BCCI to GCA,” a senior police official told PTI.