PAC Summons PCB Chairman Over PSL 8 Funds & Champions Trophy 2025 Expenses
Islamabad: The Public Accounts Committee (PAC) has summoned Pakistan Cricket Board (PCB) Chairman Mohsin Naqvi regarding the non-distribution of Rs 2 billion for PSL 8 and the financial mismanagement of Champions Trophy 2025.
Key Takeaways from the PAC Meeting
1. Unresolved PSL 8 Fund Distribution
- The PAC session, chaired by Junaid Akbar Khan, focused on an audit report highlighting the non-distribution of Rs 2 billion meant for PCB and PSL franchises.
- Audit authorities confirmed that the amount remained undistributed, raising concerns over financial transparency.
2. Absence of PCB Chairman Questioned
- PAC Chairman Junaid Akbar Khan questioned why Mohsin Naqvi did not attend the meeting.
- The Secretary Cabinet stated that Naqvi’s absence was due to the ongoing security situation in Quetta and Balochistan.
- Sanaullah Mastikhel, a committee member, criticized the Interior Minister’s absence, questioning his leadership.
- It was later clarified that the Interior Minister was present in the country, contradicting initial reports.
3. PAC Warns of Legal Action
- Senator Fauzia Arshad urged the committee to officially summon the PCB chairman for clarification.
- PAC Chairman Junaid Akbar Khan, in a lighter tone, remarked, “You want me to spend the rest of my life in jail?”
- Syed Naveed Qamar stressed the committee’s legal authority, stating that:
- If an official ignores the first summons, a formal notice is issued.
- If they fail to appear again, the PAC holds the power to issue an arrest warrant under civil judge authority.
4. Champions Trophy 2025: Massive Financial Loss Reported
- The PAC chairman revealed that a staggering Rs 29 billion was reportedly spent on Champions Trophy 2025, while the revenue only reached Rs 1.7 billion.
- This huge financial loss has raised serious questions about PCB’s financial management and event planning.
Next Steps: What to Expect?
- PCB Chairman Mohsin Naqvi has been officially summoned for the next PAC meeting.
- Further investigations into the mismanagement of PSL 8 funds and Champions Trophy expenses are expected.
