Faces cash crunch with accounts frozen since 2012 corruption allegations: J&K may pull out of the Ranji Trophy

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Faced with a severe cash crunch due to non-payment of its dues from the BCCI, Jammu & Kashmir may well be forced to withdraw from at least some, if not all, of the tournaments on the domestic calendar this season, including the Ranji Trophy.

Ever since allegations of financial misappropriation in the JKCA came up in 2012, its bank accounts have been frozen.
And the BCCI has not disbursed its share of annual subvention either.
“To regularise our bank account and utilise approximately ₹34 crore, we need a letter from the BCCI to the bank. But neither the Board officials nor the Committee of Administrators has issued one,” Iqbal Ahmed Shah, JKCA secretary, told The Hindu on Sunday from Srinagar.
“We cannot use the frozen funds, nor has the BCCI released any money since March 2012,” Shah said. “It takes around ₹seven to eight crore to manage expenses of the teams throughout the season. If the Board doesn’t act, we will be forced to pull out of a few, if not all, of the matches in the domestic season.”
Shah added that he had been running from pillar to post over the last six months. But from among the BCCI office-bearers, the CEO and the CoA, none has responded favourably.

“The CEO doesn’t even acknowledge an email, let alone respond to it. The CoA says it is up to the general body, and the general body is not going to be convened for just our issue,” he said. “When the BCCI recently disbursed one-time benefits to former cricketers without the approval of the general body, why can’t they do the same when it comes to the JKCA?” asked Shah.
While CEO Rahul Johri remained unavailable for comment, a source close to the CoA revealed that the issue was discussed at its meeting in New Delhi on Friday. 

TH Report