England pace spearhead Anderson has been charged for allegedly "abusing and pushing" Jadeja during the first cricket Test at Trent Bridge.
"ICC should block this and start again - they are no good. Probably wasn't good when I was playing. Tell me when was the last time a decision was made in the best interest of the game of cricket. The decisions are made money wise," he told PTI in an exclusive interview.
Anderson has been charged under Level 3 of the ICC Code of Conduct. If proved guilty, he will face a ban of two to four Tests or four to eight ODIs.
Chappell said the old system of talking it out over drinks was good enough to sort out on-field conflicts.
"You often realised that both were trying to win for their teams. So the good thing about that system was you started with a scratch next day from scratch. There was no lingering effect of what happened on the field. Now they have got to find another way to sort it out," he said.