BCB Refutes Allegations of Delay in Disbursing ICC Men's Cricket World Cup Prize Money

The Bangladesh Cricket Board (BCB) wishes to address and refute the recent allegations made by a BCB Councilor, as reported in the media, concerning the delay in the disbursement of the ICC Men's Cricket World Cup India 2023 prize money.

 

The BCB would like to clarify that the delay is not deliberate or due to any negligence on the part of the Board. Prize money for major International Cricket Council (ICC) events, such as the ICC Men’s Cricket World Cup, is typically received within a few months following the tournament's conclusion.

 

The ICC Men's Cricket World Cup 2023 concluded in November 2023, and the BCB promptly submitted the necessary invoice to the ICC. However, due to taxation formalities and compliance issues, the disbursement process has encountered delays. These are administrative hurdles that have impacted not only the BCB but also other participating countries. To expedite the procedure, the BCB appointed renowned international accounting firm Deloitte Haskins & Sells LLP in India which processed the relevant applications of all the Bangladesh players who participated in the World Cup. 

 

We have been informed that these formalities have only recently been completed and that the prize money is expected to be credited to the BCB in the coming weeks.

 

The BCB strongly refutes the untrue remarks made by the concerned councilor and vehemently protests the insinuations of malpractice against the Board and its officials on this matter. Such allegations are baseless and undermine the integrity of the BCB's operations.