LAHORE - The Pakistan Cricket Board (PCB) Tuesday announced formation of two bid committees, for media rights and Pakistan Super League (PSL), each chaired by a high-profile personality of unimpeachable integrity and proven competence with members also possessing of exceptional track record in terms of expertise and uprightness. Following last year's transparent bid process in awarding media rights, the PCB has initiated another bid process, inviting potential bidders through high circulation newspapers from broadcasters or companies of international repute which may wish to acquire the media rights for the upcoming Pakistan vs Australia and Pakistan vs New Zealand series from October to December 2014, to be hosted by PCB in UAE, said PCB spokesman here on Tuesday. He said the he bid committee for media rights will be headed by former ICC President Ehsan Mani and its members will include amongst others former Federal Finance Minister Dr Salman Shah. Ehsan Mani has successfully conducted the media rights bid process for PCB on multiple occasions in the past. The entire process will be monitored by an independent audit firm which will submit its report after due process to the PCB's management. "Last year, the PCB's plans to organise the PSL had to be shelved due to various reasons. This year the PCB has, after a thorough review of the modalities, decided to adopt the outright sale model and in this regard an advertisement in local and international newspapers has been published inviting parties to acquire the bids for the PSL rights which is tentatively scheduled in December 2014 and January 2015,” he added. The bids committee formed for PSL rights is headed by former PCB chief executive and cricket commentator Chishty Mujahid and will include among others Dr Salman Shah. The entire process will be monitored by an independent audit firm of international standing, he said.The committees are: Bid Committee for International Media Rights: Chairman: Ehsan Mani, Members: Dr Salman Shah, Subhan Ahmad (COO), Badar M Khan (CFO), Badar Refaie (director marketing), Ahmad Hosain (Legal Consultant); Salman Naseer (secretary); Ernst & Young (independent external auditors).Bid Committee for the PSL Rights: Chairman: Chishty Mujahid, Members: Dr Salman Shah, Zaheer Abbas, Member MC; Subhan Ahmad (COO); Badar M Khan (CFO); Badar Refaie (director marketing); Zaki Rehman (legal consultant); Salman Naseer (secretary); Ernst & Young (independent external auditors).