West Indies cricket boss Julian Hunte on Tuesday remained adamant that the regional game was not dependent on Sir Allen Stanford's cash, as fallout continued over the Texan billionaire's incrimination in an alleged billion-dollar investment fraud scheme.

"I want to make it clear that the financial viability of West Indies cricket has never depended on Stanford's largesse, and thank God for that because we are now able to proceed," Hunte said, hours after United States financial regulators charged Sir Allen over an US$8 billion fraud scheme involving three of his companies.

"When Stanford indicated a few months ago that he was no longer interested in West Indies cricket, it was suggested that we were financially dependent on his money.

"I had to point out that before Stanford's domestic tournament, we issued him a licence which brought us in $1 million a year for five years. He didn't pay the first year and when we got a tripartite agreement between the ECB (England and Wales Cricket Board), the WICB and him, we insisted that he pay and we got $2 million.

"Apart from that, Stanford dealt with the local territorial boards and gave them money, but it ended up with him suspending payments to them and I assume those payments will now stop."