Sri Lanka cricket: Sri Lanka has been stripped of the Under-19 World Cup next year, the International Cricket Council said Tuesday, after suspending the island nation's board over alleged political meddling.

The tournament will now be held in South Africa, the game's governing body said following a meeting of its board in the Indian city of Ahmedabad. The 16-nation tournament is scheduled to be held from January 13 to February 4. As a result of losing the right to host the competition, Sri Lanka stands to lose a $2.4 million grant from the ICC to develop venues, the local cricket board has claimed.