A Pakistan parliamentary committee will investigate alleged financial irregularities and mismanagement amounting to millions of rupees in the accounts of the Pakistan Cricket Board (PCB). An auditor-general's report has highlighted financial irregularities, including spending without proper authoritization or planning, of around 500 million rupees ($5.93 million) in a five-year period between 2003 and 2008.
"The AG's report is an eye-opener and obviously it talks about lot of money so we have left the matter in the hands of the PAC," PCB chairman Ijaz Butt told reporters on Monday.

Copyright Reuters, 2010

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