The suspension was announced after a hearing by Lloyd at a city hotel here today.
The suspension means that Ganguly, who has been selected to lead the Indian team against South Africa, will not play in the two test matches. Ganguly was found guilty for breach of clause C1 of the ICC code of conduct for players and or team officials for histeam's slow over rate in last evening's encounter, according to an official release by the International Cricket Council.
Since this was Ganguly's second offence within a span of 12 months of the same level two offence, the charge has been automatically upgraded to a level three under the ICC code ofconduct.
The Indian skipper was found guilty of the charges and suspended for two test matches with immediate effect, the release said.
Clive Lloyd said "the ICC Code relating to over rates needs to be strictly observed and it is important for all the stakeholders in the game, to have matches finished on time. The allotted 3.5 hrs is ample time to bowl the required 50 overs, so Captains need to ensure that all efforts are made to achieve this"
Meanwhile, Indian left-arm speedster Irfan Pathan and Pakistan batsman Yousuf Youhana also joined the guilty party as they were docked 50 per cent and 75 per cent of their match fees by Lloyd after they were found guilty of breaching ICC's code of conduct during yesterday's BCCI platinum jubilee match between India and Pakistan at the Eden Gardens here.
Youhana was fined 75 per cent of the match fee and Pathan 50 per cent of the match fee for a tiff betweent he two players in the 35th over of the match, according to an ICCrelease issued here today.