PANAJI
Former president of Goa Cricket Association, Dayanand Narvekar’s anticipatory bail application is scheduled to come up for hearing on Monday before the District and Sessions Court, Panaji.
Narvekar is one of the four accused booked by the Economic Offences Cell of Goa Police in the second case of cheating and misappropriation of GCA funds of Rs one crore.
GCA office bearers for the financial year 2006-07 comprising president Dayanand Narvekar, secretary Chetan Desai, treasurer Vinod Phadke and member Akbar Mulla have been accused of siphoning off Rs one crore worth TV subsidy received by GCA from the Board of Control of Cricket in India.
Preliminary investigation into the complaint filed by former Ranji player and GCA member, Nilesh Prabhudessai had revealed that these office bearers, who were signatory authorities for GCA in the financial year 2006-07, hatched a criminal conspiracy from May 9, 2006 onwards and deposited a cheque of `1 crore in a bank account opened fraudulently. The amount was later used to misappropriate the funds of TV subsidy received by GCA from BCCI thereby cheating the cricketing body of the amount of Rs one crore.
Narvekar, who has already deposed before the investigating team of EOC in this matter, has denied having any links with the offence. During questioning, he has stated that it is the treasurer and secretary of GCA, in this case Phadke and Desai, who are solely responsible for any accounting and financial matters as per
GCA regulations.
Meanwhile, the order on anticipatory bail applications moved by Phadke, Dessai and Mulla are also likely to be pronounced on Monday.
It may be recalled that Phadke, Dessai and Mulla were booked by EOC in the month of June last year in a similar case of misappropriation wherein a cheque of `2.87 crore received by GCA on October 23, 2006 from BCCI as TV subsidies between 2007 and 2008 was siphoned off.