CSA bonuses: Majola was ‘dominant force’

2012-03-09 09:57

Cricket SA chief executive officer Gerald Majola was the dominant force in the allocation of bonuses, retired judge Christopher Nicholson has said.

This was the opinion of the inquiry committee appointed by Sports Minister Fikile Mbalula, Nicholson told reporters in Pretoria.

There was also a prima facie case that Majola had contravened the Companies Act, he said.

Nicholson was releasing the findings of the inquiry into CSA.

Mbalula appointed the inquiry in November 2011 to investigate CSA’s failure to implement certain recommendations by auditing firm KPMG.

A KPMG report found bonus payments of R4.5 million to Majola, former CSA chief operating officer Don McIntosh, and other CSA employees had been kept secret from the remuneration committee.

It also found that Majola had breached the Companies Act at least four times.

The inquiry committee received written and oral submissions from current and former CSA staff, and the public over three months.

It adjourned at the end of January to compile its report.


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
0 comments
Comments have been closed for this article.

Inside News24

 
/Africa
Traffic Alerts
Traffic
There are new stories on the homepage. Click here to see them.
 
English
Afrikaans
isiZulu

Hello 

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.

Settings

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.