According to reports, N Srinivasan could be invited fresh trouble for himself with the BCCI. Apart from the matter of underestimating the IPL team Chennai Super Kings (CSK) franchise, another matter that can create trouble for former BCCI chief is the matter of alleged spying on the board members.
Srinivasan had allegedly given Rs 14 crores of BCCI’s fund to a London-based agency to keep an eye on other members, tracking their emails and also tapping their mobile phones. It is understood that the BCCI is awaited to call an official enquiry into this issue that will be controlled by new secretary Anurag Thakur.
The board will look why the former BCCI boss allegedly spied on other members and who gave authorisation to him to spend the board’s money for this matter. Members of the Working Committee, BCCI’s most graceful decision are likely to get rejection for the previous approval of India Cements Limited’s proposal to assign the control of CSK to a trust for Rs. 5 lakh in a bid to connect Srinivasan from the franchise to follow with the Supreme Court order.
“There are a lot of grey areas in the valuation of CSK. The matter will certainly come up for discussion at the Working Committee meeting in Kolkata on April 26. We will get clearer picture about it after the WC meeting,” an IPL governing council member had said.
The BCCI’s Working Committee has decided to look for “fresh legal opinion” on the transfer of CSK shares from Indian Cements to a newly formed trust. Some members of the BCCI board were unhappy with Indian Cements evaluating the company at a mere Rs 5 lakh while India Cements bought this team for $91 million in 2008.