The International Cricket Council (ICC) is set to release Nepal the funds it had freezed for the last 10 months following the progress made by the Cricket Association of Nepal (CAN) in the recruitment of a Chief Executive Officer and Finance Manager.
The global cricket governing body had refrained from releasing Nepal the funds showing concern over CAN’s failure in appointing paid-administrators. CAN had also received a formal warning last month in the ICC’s Annual Conference in Melbourne for not being able to hire the paid-administrators.
ICC had also given a one-year deadline to either hire a administrator or face sanctions. According to a source close to the CAN who spoke in conditions of anonymity, ICC Global Development Manager Tim Anderson has informed CAN that it will ‘shortly’ release the funds. “We have received a mail from the ICC Development Manager Anderson who informed us that ICC is pretty happy with the progress that has been made in hiring a professional CEO and Finance Manager,” the source said.
Source: ekantipur.com
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