LAHORE - The Pakistan Cricket Board (PCB) Governing Board (GB) Saturday provisionally approved the budget of the board for the year 2013-2014 in its 28th GB meeting held here at the National Cricket Academy (NCA).

PCB interim chairman Najam Sethi presided over the meeting while board members Shakil Ahmed Shaikh, M Rafiq Bughio, Qaisar Khan Jamali, Masood Anwar Hamid, M Haroon Rasheed, M Iqbal Qasim, Commodore (Retd) Mirza Arshad Hussain, Dr Jawad Sajid Khan, Wajahat Ullah Wasti, Subhan Ahmad (COO) and Badar M Khan (CFO) were in attendance. Imtiaz Ahmad was not present owning to his personal commitments. The PCB spokesman said that the board of governor had provisionally approved the budget of the board for the year 2013-2014.

“The seats in finance and audit committees had fallen vacant due to some BoG members leaving the board as they left the departments they represented in the BoG. The board reconstituted the committees so that Haroon Rashid was appointed the head while Jawad Sajid Khan as a member and CFO as secretary to the Finance Committee, while Commodore (eetd) Mirza Arshad Hussain as head of the audit committee whereas Qaisar Khan Jamali will be a member while manager audit will be the secretary to the committee,” he added.

“The governing board was updated on the sale of media rights for the upcoming Pakistan home series against South Africa and Sri Lanka. The board was informed that, according to its decision in the last meeting, Earnest and Young has been appointed independent auditors to monitor the whole process. The board was also informed about the formulation of bid committee which includes Ehsan Mani, Justice Shabbir Hussain Rizvi, Ahmed Hossain, the PCB COO and CFO. The board was also informed that the caretaker chairman has absolutely no role to play in the process,” the PCB spokesman said.

“The board passed a condolence reference in the memory of Munir Hussain, a senior journalist and broadcaster, in acknowledgement of the services rendered by him for the game of cricket. Fateha was offered for the departed soul. A committee consisting of Shakil Shaikh and Nadeem Sarwar (PCB’s GM Media) was constituted to see what other steps (such as naming a press box in his name) may be taken in commeration of his services to Pakistan cricket. The committee will in due course submit its recommendations to the BoG,” he concluded.