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Colombo NCC Cricket Club’s AGM Postponed Amidst Financial Irregularity Allegations

by Lankasara Editor English
September 14, 2023
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Colombo NCC (Nondescripts Cricket Club), one of Sri Lanka’s oldest and most esteemed cricket clubs, has indefinitely postponed its annual general meeting and office election originally scheduled for this Sunday (17) due to unsettling revelations of financial misconduct.

It has come to light that an unauthorized withdrawal of over one crore rupees has been made from the sports club’s accounts. In response to this alarming discovery, a group of former presidents of the NCC sports club, along with trustees, have requested the postponement of the general meeting.

Reports suggest that the substantial sum of 12 million rupees was transferred from the cricket body to the sports club, ostensibly earmarked for legal fees related to a case involving the cricket body and the sports minister. However, it has been alleged that these payments were made without the knowledge or consent of the treasurer or the executive council. Instead, they were authorized solely by the chairman and secretary of the club.

The NCC has denounced these actions as a blatant violation of the club’s financial protocols and management procedures. A club official expressed deep concern over the apparent irregularities, underscoring the need for transparency and accountability in managing the club’s financial affairs.

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The postponement of the annual general meeting highlights the seriousness of the situation as the club strives to address the alleged financial improprieties and ensure a fair and transparent resolution.

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