Monday, August 26, 2024

PCB issues statement on compensation audit of former chair Najam Sethi

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Photo Credit: Pakistan Cricket Board

The Pakistan Cricket Board (PCB) has issued the following statement in response to the Auditor General of Pakistan’s observations during the annual audit regarding the allowances paid to former Management Committee Chair Mr Najam Sethi and three committee members – Mr Aizad Sayed, Mr Haroon Rashid and Mr Shakil Sheikh:

“We acknowledge the auditors’ observations concerning the allowances paid to Mr Najam Sethi and three members of the Management Committee who were working full time without any salaries.

However, the PCB has provided a contrary view to the observations, as the payments were made based on a decision by the government appointed Management Committee of 11 members and are compliant with PCB bylaws.

“The PCB has provided comprehensive documentation and detailed records of the meetings for which these allowances were granted. As a result, PCB expects that the audit paras under discussion will be removed from the final audit report.”

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