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Pak-India series: PCB demands $70 million in compensation from BCCI

08:14 PM | 29 May, 2017
Pak-India series: PCB demands $70 million in compensation from BCCI
DUBAI - Pakistan has demanded $70 million in compensation from India for not honouring the MoU signed between the two countries in 2014 for a bilateral series.

The demand follows a scheduled meeting of Board of Control for Cricket in India (BCCI) and Pakistan Cricket Board (PCB) officials in Dubai on Monday to discuss a bilateral series.

BCCI and PCB had signed a Memorandum of Understanding (MoU) to play six bilateral series between 2015 and 2023.

Earlier this month, the PCB had sent a notice of dispute to the Indian board, claiming losses for the BCCI’s refusal to tour in 2015. However, the BCCI rejected the Pakistan’s demand for compensation for not honouring the MoU signed between them in 2014, saying that it was not legally binding. The Indian board also added that the nations couldn’t play because of the government’s non-clearance.

“We still remain committed to playing, but the position doesn’t change: the series cannot go ahead without the permission of the government of India,” the BCCI added.

On Monday, India’s Sports minister Vijay Goel ruled out a bilateral cricket series between India and Pakistan. Speaking to reporters in New Delhi, the minister said “cricket and terrorism can’t go hand-in-hand.”

PCB Chairman Shaharyar Khan insisted that the MoU was a proper contract signed in 2014 as India had sought support for the Big Three governance and financial model system.

"The MoU was signed with the knowledge of the ICC. We will send them another letter and if they don’t respond positively to our compensation demand or to play series then we have completed our homework to take our case to the ICC disputes resolution committee," he added.

"Let me clear that the PCB's case is strong and we will go to the last stage to win at the ICC level since it is our right to demand justice."

Khan also said that there was no clause in MoU about seeking government clearance and as it was it was India’s responsibility to get permission from their government and not the headache of the PCB.

"We even were willing to go and play at any neutral venue so where does this security issue crop up? India has played international bilateral matches at neutral venues."

The last bilateral series between India and Pakistan was played in 2012-13. It was a limited overs series featuring two T20Is and three ODIs in India. The T20 series was drawn and Pakistan won the ODIs 2-1.

India and Pakistan, however, will play each other in the ICC Champions Trophy in UK next month. Both teams are in the same group and clash at Edgbaston, Birmingham on June 4.

The writer is a member of the staff.

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PKR rate against US Dollar, Euro, Pound, Riyal - Check 16 April forex rates

Pakistani currency gains momentum against all currencies on April 16, 2024 Tuesday. US dollar was being quoted at 277.9 for buying and 280.85 for selling.

Euro was quoted at 295 for buying and 298 for selling while British Pound stands at 345 for buying, and 349 for selling.

UAE Dirham AED was at 75.4 and Saudi Riyal's new rates was at 73.30. 

Today’s currency exchange rates in Pakistan - 15 April 2024

Currency Symbol Buying Selling
US Dollar USD 277.9 280.85
Euro EUR 295 298
UK Pound Sterling GBP 345 349
U.A.E Dirham AED 75.45 76.2
Saudi Riyal SAR 73.3 74.05
Australian Dollar AUD 182.7 184.5
Bahrain Dinar BHD 739.38 747.38
Canadian Dollar CAD 204 206.2
China Yuan CNY 38.45 38.85
Danish Krone DKK 40.45 40.85
Hong Kong Dollar HKD 35.57 35.92
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.86 1.94
Kuwaiti Dinar KWD 903.91 912.91
Malaysian Ringgit MYR 58.92 59.52
New Zealand Dollar NZD 167.63 169.63
Norwegians Krone NOK 25.38 25.68
Omani Riyal OMR 722.1 730.1
Qatari Riyal QAR 76.35 77.05
Singapore Dollar SGD 206 208
Swedish Korona SEK 25.72 26.02
Swiss Franc CHF 307.11 309.61
Thai Bhat THB 7.61 7.76

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