ADVT:

  Home   Astrology   Business   Indiafocus   Lifestyle   Movies   News   Parenting   Online Exam   Sports   Travel

News HomeIndiaNational
CAG slams Prasar Bharati for overpayment to BCCI
Sunday, March 16, 2008 12:39 [IST]

New Delhi: The Comptroller and Auditor General of India has come down heavily on Prasar Bharati for overpayment of Rs 3.39 crore to BCCI for telecast rights of 12 one-day international matches in 2005. The CAG report said the excess payment was made due to "negligence" in calculating how much money the cricket board owed as per the agreement reached between the two parties.

The report said as per the terms of agreement of November 30, 2005 between Prasar Bharati and the BCCI for telecast of 12 one-day international matches in October-November that year, Prasar Bharati was to pay to BCCI Rs 7.50 crore, service tax and agency commission for each match. Seven matches were to be played between India and Sri Lanka and five between India and South Africa.

The agreement further provided that in case a match was not played for the full duration of any day, the consideration for that day would be calculated in proportion of the number of hours played. One of the 12 scheduled matches did not take place.

"Audit of the time sheets for the remaining 11 matches maintained by Prasar Bharati disclosed that three matches between India and Sri Lanka and two between India and South Africa were held for less than the full duration of seven hours," the report said.

It went on to add that despite this, "Prasar Bharati did not reduce the payment on pro-rata (proportionate) basis with reference to the reduced time during which the matches were actually played."


Source : PTI

Add To

digg.com

del.icio.us

stumbleupon.com

My Yahoo

reditt.com

newsvine.com

fark.com
 Post Your Feedback   
Name
Email ID
Comments
 Other Features
News today
Readers speak
Public opinion
Print this page
Mail this page
Archives
Columns


  
More News
Assam govt challenges...
Ugandan rebel chief hit with...
Russia sees no EU sanctions...
180 can bombs recovered in...
Nihang leader set on fire
Afghan forces kill prisoner
Cyprus reunification talks
Mayawati crashes into top 100...
Raj Thackeray backs off over...
PM announces Rs 10 bn relief ...
India to ask B'desh to act...
Guv urge to endorse reservation
SDM to probe deaths in Bapu's...
Russia tests ICBM
NATO denies Black Sea naval...
Grim battle for survival in...
Gustav nears Jamaica
No taking 'holy' water onto...
Abbas rejects permanent...
World's 3rd tallest skyscraper
Sharif turns down Zardari's...