"It is funny if we say now that he is throwing. The guy has already played for more than a decade and is now the highest Test wicket-taker in the world," the former West Indies captain said when asked to comment on the ban on Muralitharan's 'doosra', a ball that moves away from right-handers.
Lloyd said the menace of illegal bowling needed to be tackled at an early stage so that it did not get to the Test level.
"A guy playing Test cricket should know exactly what a throw is. But (nowadays) even umpires do not know what a throw is. It needs to be eliminated at an early stage."
The West Indies great said the laws governing chucking needed to be simplified as "we are still not clear" about those.
"We know that the degrees (of bending) are different for spinners and fast bowlers, but we need to do an in-depth study," he said while conceding it was time the chucking controversy was dealt with once and for all.
"We have to be very vigilant to eradicate anybody who is throwing. If a player has modified his action, it does not mean he is exonerated. He has to be monitored consistently."
For eradicating the menace at an early stage, Lloyd suggested that all countries should send the tapes of their aspiring bowlers to the International Cricket Council (ICC).
"ICC can then say X or Y is bowling okay and Z needs to change his action. This way it will be tackled there and then."