Zaka Ashraf under PCB Audit

Reports from the Pakistan Cricket Board recently revealed that an audit, that took place in PCB, covered the 22-month span of the former chairman, Zaka Ashraf. It has been pointed out in that particular audit that during his time as the chairman, there has been a staggering level of financial extravagance; with a lot of money being spent on travel. The audit is being conducted after his dismissal as the chairman of the Pakistan Cricket Board. The auditing committee is covering his terms between October 2011 to May 2013; and January 15 to February 10, 2014.

On the other hand, Ashraf came out in the open to deny all such rumours. He claimed that this is being done in order to defame him and it is a smear campaign against him.

In February this year, the Prime Minister of Pakistan, Mian Mohammad Nawaz Sharif, decided to dismiss Zaka Ashraf as the chairman of the board. Nawaz Sharif is a patron in PCB and he can also dissolve the board of governors.

The main reason why Zaka Ashraf was dismissed revolved around alleged financial irregularities and mismanagement of the board. However, there is no doubt that the annual budget, during his time, saw a reduction of its deficit.

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Posted by Ahmad Mehdi on May 15 2014. Filed under Latest News, Pakistan, Sports. You can follow any responses to this entry through the RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed.