PCB to pay fine of Rs 17 crore to Indian BCCI: ICC
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DUBAI - The International Cricket Council’s (ICC) Disputes Resolutions Committee (DRC) on Wednesday has asked Pakistan to pay $1.2 million (approx. Rs 17 crore) fine to Indian BCCI.
ICC has determined that the Pakistan Cricket Board (PCB) will play 60 percent of the expenses to the Board of Control for Cricket in India (BCCI).
The BCCI filed a compensation case of $2 million against the PCB citing financial loss during the case which the Pakistani board filed against them for not playing a bilateral series according to the Memorandum of Understand (MoU).
Pakistan lost the compensation case of $70 million and now they will pay $1.2 million to the BCCI as per announced by the world’s cricket governing body.
The PCB replied to the ICC’s decision saying that “The award of significantly lesser costs than claimed by BCCI reflects that PCB’s case had merits,”
