Pakistan Cricket Board seeks ?447 cr compensation from BCCI
The Pakistan Cricket Board has demanded a compensation of ?447 crore from the BCCI for dishonouring the MoU signed between the two countries. The MoU stated that India and Pakistan would play six series between 2014-2023. PCB recently sent a legal notice to BCCI, claiming it suffered losses of $69,576,405 (?447 crore) following India's refusal to play against Pakistan.
The Pakistan Cricket Board (PCB) has demanded a compensation of Rs 447 crore from the Board of Control for Cricket in India (BCCI) for not honouring the Memorandum of Understanding (MOU) to play six bilateral series between 2014 and 2023.The PCB had recently sent a notice to the BCCI, complaining that it suffered loses to the tune of USD 69,576,405 since the Indian team missed the November 2014 and December 2015 series.The BCCI is to respond within seven days of receipt of notice, sent on May 3.