According to the figures provided by the T&T Cricket Board (TTCB) during its press briefing on Wednesday and by the Sport Company of T&T (SporTT)to Guardian Media on Saturday, there is $1.37 million in cricket funding unaccounted for between the period 2018 and 2024.
According to the TTCB’s figures, it received $13.6 million from SporTT between October 2013 and March 2025.
SporTT confirmed the figure as ‘accurate’ to Guardian Media in a response from the communications department on Saturday.
Between fiscal 2018 and fiscal 2024, the cricket board, according to its figures, received $6.987 million in funding from SporTT.
Meanwhile, SporTT, between fiscal 2018 and 2024, according to its audited financial statements, provided approximately $26.8 million in funding to the ‘national cricket organisations.’
“All spending related to individual sports is classified within the respective NGB (national governing bodies) line expenditure. Therefore, in addition to TTCB disbursements, the overall expenditure figure reflects funding for other cricket-related events, which is received directly and managed by SporTT.
“In 2022-2023, these events included the 2022 ICC Under-19 Cricket World Cup, the Caribbean Premier League (2022 and 2023) men’s and women’s tournaments and regional bilateral series, including West Indies vs India (2022 and 2023)...A total of $21,266,200 was spent on the events listed in Q.4,” SporTT informed Guardian Media.
However, when Guardian Media tabulated the money disbursed to the TTCB between fiscal 2018 and 2024 (according to TTCB’s figures) and the funding provided by SporTT to cricket tournaments in 2022 and 2023, the figure came up to $28.253 million ($21.26 million for tournaments plus $6.987 million)
That figure does not correspond with the amount SporTT presented in its financial audited statements between fiscal 2018 and 2024 - $26.877 million.
There was a difference of $1.376 million, suggesting that money is unaccounted for.
SporTT responds
1) Can SporTT confirm whether the figure of $13.6 million in funding quoted by TTCB during the said time period is correct?
The total disbursement to the TTCB over the period 2013-2025 is 13,626,387.77.
2) What are the other national cricket organisations that SporTT provides funding to?
No funding is provided directly to sporting organisations; all requests for funding must be made via the recognised national governing body (NGB) for the sport. Funding is provided via the NGB, subject to a rigorous approval process and the availability of funds.
3) How much in funding was provided to each of these other national cricket organisations between 2019 and 2023?
As explained in Q.2, funding is not provided directly to other sporting organisations.
4) Does SporTT classify cricket funding for any other venture outside of funding provided to national cricket organisations?
All spending related to individual sports is classified within the respective NGB line expenditure. Therefore, in addition to TTCB disbursements, the overall expenditure figure reflects funding for other cricket-related events, which is received directly and managed by SporTT. In 2022-2023, these events included the 2022 ICC Under-19 Cricket World Cup, the Caribbean Premier League (2022 and 2023) men’s and women’s tournaments and regional bilateral series, including West Indies vs India (2022 and 2023). The table outlining expenditure from 2019-2023 was prepared for internal purposes only, as a means of comparing SporTT’s internal budget to its expenditure for cricket over that period.
5) If so, can SporTT state, outside of organisations, what funding it has provided to cricket between 2019 and 2023?
A total of $21,266,200 was spent on the events listed in Q.4.
6) Is a SporTT internal audit investigation, that was sent to SporTT CEO Jason Williams on March 13 2025, a legitimate document? Are its findings accurate? And if not, has the internal audit committee faced any disciplinary action for incorrect findings?
The internal audit report is legitimate and accurate. It reflects the overall spending on cricket and does not make a distinction between TTCB funding and direct expenditure on additional cricket activities/events, which was managed by SporTT. The report was conducted for internal purposes only, to identify gaps and enhance internal processes.
7) Why did the SporTT board seek an investigation into TTCB funding?
In 2023, the TTCB informed SporTT of an issue involving potential misappropriation of funding. In accordance with SporTT’s strong internal controls, the then SporTT board requested an audit to ensure all monies disbursed could be accounted for and that there were no gaps in SporTT’s funding process.
8) How much funding has the TTCB sought, or applied for, from SporTT between 2019 and 2023?
For the period 2019-2023, TTCB made 30 requests for a total of $14,530,830.48 in funding. Of that total, SporTT approved $9,147,690.39, subject to the availability and release of funding. The total disbursed to TTCB was $4,875,983.55.
9) How much of the funding was not granted? And what were the reasons for not granting the requested funds?
In some cases, funding may not have been approved or disbursed if requests were inconsistent with SporTT’s funding categories or due to the unavailability of funding. Other requests were referred to the OPM’s Sport and Culture Fund.
96% decline in SporTT cricket funding to TTCB in 3 years
In examining the TTCB’s documents provided to the media on Wednesday, Guardian Media also discovered that the TTCB’s share of cricket funding from SporTT declined by 96 percent in 2022 compared to the previous three years (2021, 2020, and 2019).
Based on the TTCB’s figures, between 2018 and 2021, the TTCB received an average of 101 percent of all cricket funding from SporTT.
Yes, you read that right.
That’s because in 2020, SporTT’s audit reported providing $90,000 to all cricket sporting organisations. The TTCB’s document said it received $100,000 from SporTT - more than the total supposedly provided to all cricket organisations.
In 2022 and 2023, according to the board’s figures, its share of cricket funding from SporTT declined sharply to an average of 10 percent.
For 2022, the same year that there was supposedly a 96 percent decline in the share of cricket funding to the TTCB, an investigation into SporTT’s TTCB expenditure (between 2019 and 2022) found alleged discrepancies in the financial documents it examined.
The internal audit found that the reconciliation process by the Sport Development & Performance Unit needed improving, as a format for preparing reconciliation did not exist, while there were no reconciliations prepared for 2019 and 2020.
It also found that there was no way to determine if the TTCB owed SporTT reimbursements for funding.
“In some instances, the reconciliations submitted by TTCB were just verified by the Sport Development & Performance Unit and signed off. In 2022, there were differences between invoices vouched by IA and the amounts stated on the reconciliation. The Head SDU is required to show evidence of sign-off reconciliations prepared and reviewed,” the internal investigation stated.
In 2023, according to SporTT, the TTCB informed it of an issue involving potential misappropriation of funding (the Chaitoo whistleblower matter)
“In accordance with SporTT’s strong internal controls, the then SporTT board requested an audit to ensure all monies disbursed could be accounted for and that there were no gaps in SporTT’s funding process,” the body said.
The same investigation into SporTT’s TTCB Expenditure between 2019 and 2022 found alleged discrepancies in financial documents examined for fiscal 2022 - the year there was a ‘96 percent decline’ in the share of cricket funding to the TTCB.
The internal audit, commissioned by the board, found that the reconciliation process used by the Sport Development & Performance Unit needed improvement, as a format for preparing reconciliations did not exist. It also discovered that no reconciliations were prepared for 2019 and 2020.
Reconciliation is the process of verifying that two sets of records are in agreement. It involves comparing internal financial records with external sources like bank statements or invoices to identify discrepancies and ensure accuracy.
The investigation also reported that there was no way to determine if the TTCB owed SporTT reimbursements.
“In some instances, the reconciliations submitted by TTCB were just verified by the Sport Development & Performance Unit and signed off. In 2022, there were differences between invoices vouched by IA and the amounts stated on the reconciliation. The Head SDU is required to show evidence of sign-off reconciliations prepared and reviewed,” the internal investigation stated.
On Saturday, SporTT confirmed the internal audit report is legitimate.
“The internal audit report is legitimate and accurate. It reflects the overall spending on cricket and does not make a distinction between TTCB funding and direct expenditure on additional cricket activities/events, which was managed by SporTT. The report was conducted for internal purposes only, to identify gaps and enhance internal processes,” it said.
Funding provided to national cricket organisations based on SporTT audits & annual SporTT funding provided to TTCB (according to TTCB)
2018 (SporTT Audit) - $210,000 to all National Cricket Organisations
2018 (TTCB Document) - $200,000 to TTCB alone (95 percent of all cricket funding)
2019 (SporTT Audit) $90,000 to all National Cricket Organisations
2019 (TTCB Document) - $100,000 to TTCB alone (111 percent of all cricket funding)
*SporTT internal audit had an original allocation and budget to TTCB of $5.08 million and an actual TTCB expenditure of $4.49 million.
2020 (SporTT Audit) - $1,783,500 to all National Cricket Organisations
2020 (TTCB Document) - $1,783,500 to TTCB alone (100 percent of all cricket funding)
*SporTT internal audit had an original allocation and budget of $500,000 and an actual TTCB expenditure of $477,198.
2021 (SporTT Audit) - $570,040.00 to all National Cricket Organisations
2021 (TTCB Document) - $570,039 to TTCB alone (100 percent of all cricket funding)
*SporTT internal audit had an original allocation and budget of $705,882 and an actual expenditure of zero.
2022 (SporTT Audit) - $9.3 million to all National Cricketing Organisations
2022 (TTCB Document) - $449,153 to TTCB alone (4.8 percent of all cricket funding)
*SporTT internal audit had an original allocation and budget to TTCB of $4.8 million and an actual expenditure by TTCB of $11.52 million.
2023 (SporTT Audit) - $14.9 million to all National Cricket Organisations
2023 (TTCB Document) - $2,382,828 to TTCB alone (16 percent of all cricket funding)
*SporTT internal audit had an original allocation and budget to TTCB of $2.33 million and an actual expenditure by TTCB of $11.67 million.
The TTCB’s funding figures, which it said it obtained from SporTT, were contradictory to the figures provided to SporTT chief executive officer Jason Williams in SporTT’s internal investigative audit report.