Off The Field

Sony TV’s ‘Paid Amount’ Goes Missing At SLC

Written by N Krishnamurthy

Sri Lanka Cricket Board (SLC) has not received a 15% payout fee for the television broadcast for the South African Series even though it has been paid by the Channel, Cricket Age reliably learns.

“Although the amount has been paid by Sony, it has not been received in the account of SLC” a board official confirm Cricket Age.

It is reported that the said account, in which money has been transferred, could not be traced.

Last month, three employees of SLC tried to transfer SONY’s 11.1 million dollars in offshore account.

Cricket Age has the access of the document, that was sent by SLC Finance division to SONY, and it shows that three employees were involved in this attempted fraud. The resolution has been prepared, checked and approved by three different employees of the SLC!

In the resolution, it has been stated that the total amount is USD 11,128,809 and it should have deposited in Hongkong account, as SLC has having some internal issues.

“The board members of our institution has made a resolution for you to take this as our authorization to make payment for the England tour as sequentially arranged and the pending payment of USD187,084,75, through our Asia associated bank account details in Hongkong, who has served as our intermediary for over 10 years in many financial issues, as detailed in the mail trail below and as also contained in the attached

Payment authorization letter

Sequel to the meeting held with the board member of Sri Lanka Cricket dated 09.04.2018, on issues bordering on our accounts being placed on no debit by Sri Lanka tax regulator board and other internal issue we are currently witnessing, which makes it quite difficult for us to be able to access or receive payment in Sri Lanka, until when the issue will be resolved.

1st payment USD 5,564,404.50, due by 10th September 2018 (50% of USD 11,128,809)

2nd payment USD 3,895,083.15 due 10th October (35%)

3rd Payment USD 1,669,321.35 due 20th November (15%)

The upcoming England tour payment plan is scheduled below, along with our partner account details with Hongkong bank.

Please, be advised henceforth, subsequent payments should be made through this channel Al agreed by our board member until the issue is resolved.

Payment Details :

Bank : Bangseng Bank Hongkong

Account Name : FANY SILU CO. LIMITED

Account Number : 788-796894-883

Swift Code : HASEHKHH

Beneficiaries Address : 5 Matheson Street, 39/F, SHELL TOWER, TIMES SQUARE, HONGKONG” the SLC resolution said.

About the author

N Krishnamurthy