The International Cricket Council (ICC) on Friday suspended Sri Lanka over their government's interference in the affairs of their cricket board.
The ICC governing body said that Sri Lanka Cricket was “in serious breach of its obligations as a member, in particular, the requirement to manage its affairs autonomously and to ensure that there is no government interference.”
The suspension came a day after Sri Lanka’s parliament asked the board to resign over allegations made by sports minister Roshan Ranasinghe that it had syphoned off millions of dollars.
The conditions of the suspension will be decided by the ICC board later, it said in a brief statement.
It was not immediately clear if the indefinite suspension would affect Sri Lanka hosting the Under 19 World Cup in January.
There was no immediate comment from the board, but an official source said an emergency meeting of the executive committee was scheduled for Saturday.
“They will try to work out the way forward,” the source said asking not to be named.
“The main concern is the upcoming 50-over Under-19 World Cup. Loss of hosting rights will be disastrous.”
Sri Lanka was preparing to host the 16-nation Under-19 World Cup and the board had released large sums of money to refurbish four venues in the capital Colombo.
The crisis involving the cricket board — the richest sporting organisation in the bankrupt island country — came to a head after Sri Lanka’s humiliating World Cup defeat by India last week.
The Sri Lankan parliament unanimously asked Sri Lanka Cricket’s elected board members to resign on Thursday, accusing them of unprecedented corruption.
The board has not yet responded to the parliament’s non-binding resolution. Opposition leader Sajith Premadasa said Thursday’s move was a “historic resolution that sends a message to the world that Sri Lankan legislators have united to defend cricket and restore the integrity of the game”.
The board is now locked in litigation after it was sacked by the sports minister on Monday, only to be restored the following day by the Court of Appeal pending a hearing in two weeks.
The ICC has rules against political interference and has suspended Sri Lanka before.
Ranasinghe had said on Friday before the suspension that he was hopeful that there would be no ICC sanctions against the local board. “I am confident we can talk to the ICC and sort things out,” Ranasinghe said in parliament.
Pakistani rupee remained stable against US dollar, and other currencies in the open market amid strong economic cues.
On Sunday, the US dollar was being quoted at 285.15 for buying and 287.95 for selling.
Euro moves down to 309.9 for buying and 310.5 for selling. British Pound rate stands at 359.4 for buying, and 360.05 for selling.
UAE Dirham AED also moved down to 77.45 whereas the Saudi Riyal drops to 75.82.
|UK Pound Sterling||GBP||359.4||360.05|
|Hong Kong Dollar||HKD||36.38||36.48|
|New Zealand Dollar||NZD||173.44||175.44|
The price of gold increased by thousands of rupees due to an upward trend in the international market.
On Sunday, the price of a single tola of 24-karat gold stands at Rs219,800 and 10 grams of 24k gold costs Rs188,450.
Meanwhile, single tola of 22 Karat gold costs Rs201,482, 21 karat rate costs Rs192,325 and 18k gold rate is Rs164,850.
Globally, gold prices hover at around $2072, gaining $32 on Sunday.
|Lahore||PKR 219,800||PKR 2,730|
|Karachi||PKR 219,800||PKR 2,730|
|Islamabad||PKR 219,800||PKR 2,730|
|Peshawar||PKR 219,800||PKR 2,730|
|Quetta||PKR 219,800||PKR 2,730|
|Sialkot||PKR 219,800||PKR 2,730|
|Attock||PKR 219,800||PKR 2,730|
|Gujranwala||PKR 219,800||PKR 2,730|
|Jehlum||PKR 219,800||PKR 2,730|
|Multan||PKR 219,800||PKR 2,730|
|Bahawalpur||PKR 219,800||PKR 2,730|
|Gujrat||PKR 219,800||PKR 2,730|
|Nawabshah||PKR 219,800||PKR 2,730|
|Chakwal||PKR 219,800||PKR 2,730|
|Hyderabad||PKR 219,800||PKR 2,730|
|Nowshehra||PKR 219,800||PKR 2,730|
|Sargodha||PKR 219,800||PKR 2,730|
|Faisalabad||PKR 219,800||PKR 2,730|
|Mirpur||PKR 219,800||PKR 2,730|