Surprising revelations in documents submitted to Standing Committee by PCB

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Islamabad: Surprising revelations have been resurfaced in the documents submitted by the Pakistan Cricket Board (PCB) to the National Assembly Standing Committee on Inter-Provincial Coordination, ARY Sports reported.

According to details, 2019’s accounts were presented to the committee instead of the present while the cricket board has not yet audited their accounts.

The PCB also did not provide any details of revenue and expenditure to the standing committee. The Standing Committee was also not informed about investments and bank deposits.

The standing committee was not informed about the salaries of other employees including coaches. Only the allowances of the chairman PCB were mentioned.

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The Standing Committee was fumed over non-disclosure of salaries and allowances of other employees.

According to non-audited documents, the PCB earned Rs 10.69 billion in 2019 while they spent Rs 5.94 billion. They had revenue of Rs 4.42 billion.

They spent Rs 627.7 million on repairs alone while Rs 2.83 billion were spent in the domestic tournament.

The PCB spent Rs 1.6 billion on Pakistan and neutral venues. Rs 2.83 billion was spent on foreign tours of the national team.

Details of internal and external visits to Pakistan were also not provided to the standing committee. Expenditure before the current PCB chairman Ehsan Mani were Rs 4.3 billion in 2017 and Rs 5.13 billion in 2018.

In 2019, expenditure reached Rs 5.94 billion. PCB spent Rs 61.63 crore for the development of cricket.

PCB earned Rs 4.27 billion from tournaments outside Pakistan while they earned Rs 5.41 billion from Pakistan and neutral venues.

PCB earned Rs 238 million through sponsorships and logos while they earned Rs 707.9 million from investment and interest.

It must be noted that PCB had asked for these camera meetings and an in-camera meeting of the National Assembly’s Standing Committee on Inter-Provincial Coordination was held yesterday.

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