Putting an end to speculation over the International Cricket Council’s stand on the World Cup guarantee money issue, the BCCI today said that the withheld sum of $6.5 million would be released within the next six weeks. “It was decided at the executive board meeting of ICC Development (International) Limited (the commercial arm of ICC) that the money is to be released and the time frame fixed for that is four to six weeks,” BCCI president Jagmohan Dalmiya, who represented the board at the meeting in Barbados last week, told reporters here today.He said that there had been contradictory reports after the meeting at Barbados which stated that the ICC’s decision was conditional and BCCI had to furnish a bank guarantee for the release of the money. “I had checked up with the ICC president Ehsan Mani and he clearly stated that he had been grossly misquoted by the media on the bank guarantee issue”, he said.
