PCB did not audit its 2020 accounts, revealed in NA

muzzamil mehboobWeb Editor

18th Aug, 2021. 03:48 pm
PCB did not audit its 2020 accounts, revealsed in NA

Recently submitted documents in National Assembly (NA) revealed that the Pakistan Cricket Board (PCB) only submitted the details of accounts for the year 2019 and not 2020.

An in-camera session of the National Assembly Standing Committee on Inter-Provincial Coordination was called after PCB looked forward to sharing some sensitive information.

According to the documents, the cricket board had an income of Rs10.69 billion in 2019, out of which only Rs5.94 billion was incurred on expenditure.

During the same year, the board spent Rs620 million on repairs; Rs2.83 billion on domestic tournaments; Rs1.06 billion on neutral and around the country venues, and Rs2.83 billion on the national team’s tours abroad.

Information regarding inside and outside tours by the national team was not presented.

The PCB had an expenditure of Rs4.03 billion in 2017 and Rs5.13 billion in 2018 prior to the tenure of the current chairman of the board.

The board also spent Rs610 million on the cricket trophy. It earned Rs4.27 billion from foreign tournaments and Rs5.41 billion from neutral and around the country venues.

The cricket board made Rs230 million in sponsorship and branding revenue and Rs700 million in investment and interest revenue. However, the investment and bank deposits were not disclosed.

The document also shows the complete detail of the allowances allotted to the PCB chairman.

The chairman Ehsan Mani and his wife have full access to medical facilities within the country and abroad.

He is given the allowance of Rs10,000 while in Pakistan, $300 per day while on foreign travel, and especially while in the UK he is paid $400 per day.

He also gets a TA/DA of Rs20,000 during board meetings and is allowed Rs50,000 on official expenses.

According to the documents, he is allowed to have three servants. He is also entitled to a 2400cc car and all the network facilities.

Adsence 300X250