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.

Join the conversation!

24.com encourages commentary submitted via MyNews24. Contributions of 200 words or more will be considered for publication.

We reserve editorial discretion to decide what will be published.
Read our comments policy for guidelines on contributions.

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
Comments have been closed for this article.

Inside News24

Traffic Alerts
There are new stories on the homepage. Click here to see them.


Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.


Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.