25 October,2016 08:21 AM IST | | PTI
The BCCI yesterday decided to indefinitely defer the awarding of its global media rights — broadcast and digital — which was scheduled for today as the Justice RM Lodha Committee is yet to appoint an independent auditor to oversee the entire process
Justice RM Lodha
New Delhi: The BCCI yesterday decided to indefinitely defer the awarding of its global media rights - broadcast and digital - which was scheduled for today as the Justice RM Lodha Committee is yet to appoint an independent auditor to oversee the entire process.
In a detailed media release, the BCCI explained its side of the story about the repeated communications with the Supreme Court-appointed Lodha Panel and how its commercial interests were being hurt due to the delay in the process of awarding tenders, while apologising to the potential bidders (18 from across the world).
Timelines followed
The release stated about BCCI seeking a directive on the process, details sought by the committee and the response from the board. "Keeping in view the urgency in the matter, the BCCI has informed the Committee that the tender process being underway there were certain timelines that potential bidders were following.
Bidders in town
The BCCI also informed the Committee that a large number of potential bidders had travelled to the country from outside as bids had to be submitted in person," the release stated.
"The BCCI, apart from the above communication, has so far at the time of going to Press, not received any further directions from the Committee, which is now the custodian of the entire process and has been tasked with the duty to ensure that the tender process is undertaken in a professional and transparent manner with least inconvenience to all stakeholders," it added.
