No confirmation from CSA forensic auditors

2011-05-24 14:00

Accounting firm KPMG could not today confirm whether it had been appointed to conduct a forensic audit into the bonus scandal surrounding Cricket South Africa (CSA).

This after Business Day reported that the firm was hired yesterday and was expected to produce a report within four weeks.

The newspaper wrote that Ishmael Semenya, a member of CSA’s legal and governance committee, was mandated at an extraordinary board meeting on May 4, to secure the services of an appropriate firm to conduct the investigation.

The firm would probe the bonuses, travel expenses, related expenses and fringe benefits paid to CSA employees in connection with the 2009 Indian Premier League (IPL) and Champions Trophy.

Also under scrutiny would be travel expenses incurred by CSA chief executive Gerald Majola and his family during the tournaments.

Last year, CSA president Mtutuzeli Nyoka asked for an external probe into bonuses paid to Majola and 40 other members of staff after South Africa’s 11th-hour hosting of the IPL and Champions Trophy.

The bonuses had not cleared by CSA’s governance committee.

Despite the advice of the CSA’s auditors, Deloitte, it opted for an internal investigation headed by vice-president AK Khan.

He and his team cleared Majola of any financial misconduct, but said he had erred in his judgement in the handling of the bonuses.

Nine of the 11 voting members of CSA’s board voted to oust Nyoka in February, but he claimed his sacking was illegal and took them to court.

He was reinstated on April 15 by order of the Joburg High Court. 

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