TCA alleges Rs 64 cr diversion, seeks probe into HCA funds
Hyderabad: The Telangana Cricket Affiliation (TCA) on Friday launched a pointy assault on the Hyderabad Cricket Affiliation (HCA) and Minister G Vivekanand, alleging that almost Rs 64 crore belonging to the cricket physique had been illegally diverted and demanded an instantaneous investigation.
TCA Common Secretary Dharam Guruva Reddy claimed that the minister’s latest comment about spending Rs 64 crore on district cricket infrastructure amounted to an oblique admission that the funds had been taken from HCA. “When a minister publicly says he’ll spend Rs 64 crore obtained from HCA on district infrastructure, he’s not directly admitting that the cash was taken.
If this isn’t handled as a confession of wrongdoing, then the very objective of legal guidelines governing sports activities our bodies loses that means,” Guruva Reddy mentioned.
He questioned the authority of a minister to regulate funds belonging to a cricket affiliation ruled by strict bylaws and accountable to the Board of Management for Cricket in India (BCCI). “Who the hell is he to spend HCA’s publicly accountable cash? These are growth funds meant for younger cricketers, not political charity cash,” he mentioned. The TCA additionally alleged {that a} collusive dealing with of an arbitration dispute involving Visaka Industries resulted in a lack of practically Rs 69 crore to HCA — funds initially meant for cricket growth. Dharam mentioned the affiliation spent greater than Rs 5 crore on authorized battles in inner disputes however failed to guard the cash meant for grassroots cricket. “HCA spent crores on legal professionals for futile disputes however couldn’t defend Rs 69 crore meant for younger cricketers. This isn’t incompetence — that is collusion,” he alleged.
TCA demanded that the Rs 64 crore be returned to HCA accounts and positioned underneath BCCI supervision to make sure clear utilisation for district cricket infrastructure.
The affiliation additionally referred to as for Minister Vivekanand’s resignation or suspension till the matter is investigated and urged the BCCI to nominate a particular oversight committee to look at governance points inside HCA.
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