ISLAMABAD (AP) – An audit report has found financial irregularities to the tune of more than rupees 6 billion ($21 million) and governance issues within the Pakistan Cricket Board dating back two years.
Audit finds $21M financial irregularities in Pakistan Cricket Board
ISLAMABAD (AP) – An audit report has found financial irregularities to the tune of more than rupees 6 billion ($21 million) and governance issues within the Pakistan Cricket Board dating back two years.
The Auditor General of Pakistan’s report for the 2023-24 financial year was published in The News and highlighted the non-recovery of outstanding sponsorship worth rupees 5.3 billion ($18.6 million) as the major discrepancy identified.
PCB chairman Mohsin Naqvi is the third person in four years to lead the sport’s national administration, following Ramiz Raja and Zaka Ashraf. He is also a government minister.
The report also questioned the rupees 63.39 million ($220,000) the PCB spent on meals for police and law enforcement personnel assigned for the security of foreign teams during international matches in Pakistan.