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BCCI accounts not frozen, India-NZ series cancellation reports a slander campaign: Lodha panel

Former Supreme Court judge Justice RM Lodha on Tuesday said that a report, which said the BCCI has cancelled the remainder of the ongoing India-New Zealand series after the Committee froze the cricket board's bank accounts, is a slander campaign against the Supreme Court and said that it has not frozen any account.

"This is wrong that we have frozen accounts of BCCI. We have just written that decisions taken in the EGM (Emergent General Meeting) on September 30 regarding payments to state associations and any other financial matter should be on hold", Justice RM Lodha said while speaking to ANI.

Earlier the Indian Express newspaper quoted an unnamed official from the Board of Control for Cricket in India (BCCI) as saying the board's bank accounts had been frozen after a recommendation by the Lodha Committee, a court-appointed panel set up to look into its operations.

"We have no option other than to call off the India-New Zealand series as our banks have decided to freeze BCCI accounts," the official was quoted as saying.

"We don't want India to be humiliated in front of the world.

"How can we function, how can we hold any games now? Who will make the payment? Freezing a bank account is no joke. An international team is here, and there is so much at stake."

On the other hand a source has been quoted by the Hindustan Times as saying the India-New Zealand series was planned well in advance and it has nothing to do with Monday's communication from the Lodha Committee to the BCCI and its banks.