Four high profile NRL player agents have been asked to explain why they shouldn't be banned over their alleged involvement in the Melbourne Storm salary cap scandal.

Agents David Riolo, George Mimis, Isaac Moses and Alan Gainey have been asked by the Rugby league Accredited Player Agent Scheme committee to show cause as to why their accreditation should not be suspended or cancelled.

The decision was made during Thursday night's meeting, where the committee considered legal advice from Senior Counsel Tony Bannon on an NRL report concerning the alleged involvement by the agents in the Storm's $3.17 million cap breaches.

"Particulars of the allegations will be provided to each agent in the near future," committee chairman Geoff Bellew said in a statement.

"Each will then be given the opportunity to respond to those allegations and to put before the committee, orally or otherwise, any additional evidence he wishes to be taken into account.

"It will then be up to the committee to assess the entirety of the evidence which is before it and to determine what further action, if any, is warranted.

"Because of the necessity to ensure that each of the agents involved is given a full opportunity to answer the allegations, the process is likely to take some weeks.

"It is not proposed to make further public statement about the matter in the meantime.

"In particular, it is not proposed to make any public statement regarding the precise nature of the allegations which formed the basis of the committee's resolution."

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