ICC freezes Cricket Canada funding due to governance concerns, financial misreporting | CBC Sports

"The move follows a fifth estate investigation published last month that revealed broader allegations of corruption, financial mismanagement and attempts to fix parts of matches by major figures at Cricket Canada. Those accused deny the allegations. Cricket Canada receives most of its funding from the ICC. In its 2024 financial report, the organization said it received just over $3.6 million from the ICC, or 63 per cent of that year's revenue."

"According to information obtained by the fifth estate, the ICC told Cricket Canada's board it has six months to resolve several issues or permanently lose the funding. "The current Board has inherited these issues and is fully committed to resolving all governance, compliance, and financial control deficiencies," Cricket Canada media manager Jimmy Sharma said in a statement."

"At an event in Brampton, Ont., on Wednesday, newly-elected Vice-President Ranjit Chaudhri said that while he was aware of the ICC's letter, he had not seen it. "We did find there were definitely governance issues were there, the financial issues, if there are any. I don't think there was mismanagement, it was just not properly accounted in proper accounts, that's probably what it was," Chaudhri said."

"According to information obtained by the fifth estate, the key reasons for the funding freeze were breaches of ICC policies, including concerns over Cricket Canada's governance and lack of financial oversight. The ICC said Cricket Canada submitted inaccurate and incomplete budget information, including suggesting it was still receiving Sport Canada fundin"

The ICC froze funding to Cricket Canada after identifying governance and financial oversight problems. The freeze followed Cricket Canada’s annual general meeting and election of a new board. The ICC cited breaches of its policies, including concerns about governance and inadequate financial oversight. Cricket Canada’s funding largely comes from the ICC, with 2024 revenue showing just over $3.6 million from the ICC, representing 63% of revenue. The ICC informed Cricket Canada’s board that it had six months to resolve issues or permanently lose funding. Cricket Canada leadership said it was committed to fixing governance, compliance, and financial control deficiencies, while also disputing claims of mismanagement and attributing problems to accounting and record-keeping.

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