Reports: N. Srinivasan paid $900,000 to UK firm for snooping on BCCI officials

N Srinivasan in trouble?

A significant revelation has come out in the BCCI snooping case as it has been reported that the UK firm hired by N. Srinivasan for spying on BCCI officials were paid a whopping $900,000. The news broke out after the media had reported that Srinivasan paid Rs. 14 crore to a London-based firm out of the BCCI funds to spy on members of the BCCI.

An official investigation on the case will take place soon under the leadership of BCCI secretary, Anurag Thakur. The board will look for genuine reasons as to why the former BCCI president spied on his members and under whose authorization the hefty amount was paid to the UK-based firm.

The first working committee meeting of the Indian cricket board under the new President Jagmohan Dalmiya is expected to take place on Sunday. CSK's low de-merger valuation of Rs. 5 lakh and Neeraj Kumar's appointment as the ACU's chief consultant will be the key discussions in the agenda.

India Cements and Srinivasan are already in the dock due to their claim that IPL team Chennai Super Kings (CSK) are valued at Rs. 5 lakh. Though, the IPL Governing Council have rejected this valuation and disapproved the sale of the team.

An IPL governing council member was quoted saying: "There are a lot of grey areas in the valuation of CSK. The matter will certainly come up for discussion at the Working Committee meeting in Kolkata on April 26. We will get a clearer picture about it after the WC meeting.”