CSA bonus saga ‘in the board’s hands’

2011-06-20 14:39

Cricket South Africa’s remuneration committee (Remco) is unlikely to meet this week, as was expected, to discuss the federation’s latest bonus scandal.

“It is probably not necessary for Remco to meet this week,” CSA spokesperson Michael Owen-Smith said today.

Remco chairperson Thandeka Mgoduso sat in on a management committee meeting last week and now it was “all in the hands of the board”.

Mgoduso refused to clarify Remco’s latest stance on the issue.

“I don’t speak to newspapers,” she said.

“If I have been quoted in the media, it is only from leaked emails.”

CSA’s chief financial officer, Nassei Appiah, had said in an earlier statement that Mgoduso approved recent bonuses paid to chief executive Gerald Majola, spokesperson Kass Naidoo and to himself.

Majola allegedly received a R1.4 million bonus without revealing the full figures to the federation’s board.

Appiah said they disclosed the bonus payments and salary increases at a Remco meeting in April.

“All these facts have been well documented and the entire meeting has, in fact, been recorded on tape.”

It was reported that several emails written by Mgoduso to CSA staff indicated her unhappiness with both the payouts, and the statement which suggested she had approved them.

Majola was also at the centre of controversy surrounding R4.7 million in bonus payments last year – of which he received R1.7 million – for hosting the 2009 Indian Premier League and ICC Champions Trophy tournaments, without disclosing the details to Remco.

Majola was cleared in November following an internal CSA investigation, but was cautioned that future payments needed to be fully cleared with the remuneration committee.

CSA is currently undergoing a forensic audit after president Mtutuzeli Nyoka, who won a court case and was reinstated in May after being ousted by the board in February, had repeatedly called for an external investigation into the body’s financial affairs.
 

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