PCB Compensates BCCI by Paying USD 1.6 million

After losing the case in ICC’s Dispute Resolution Committee, Pakistan Cricket Board has approximately paid USD 1.6 million as compensation.

PCB compensates BCCI by paying USD 1.6 million (11 crores) after losing case in ICC Dispute Resolution Committee

PCB Chairman Ehsan Mani made an official statement on Monday saying, “We incurred costs of around USD 1.6 million on the compensation case which we lost.”

In 2018, PCB had filed a compensation case against BCCI before the ICC’s Dispute Resolution Committee for an amount totaling upto USD 70 million. PCB had intended to seek this amount from BCCI for not holding MoU which was signed between the two boards. According to PCB, the MoU was about 6 bilateral series which were to be played between the two countries from 2015 to 2023.

However, the Indian Cricket Board advocated that the discussion with PCB was a proposal and the board couldn’t go forward with it because they did not get permission from the Indian government. They also claimed that there was no legally binding MoU.

In the end, BCCI’s defense was accepted by the ICC’s dispute resolution committee. The stipulated compensation also covers the costs of the case which includes other expenses like legal fees and travelling.

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