PrevNext

'Majola received bonuses even after IPL'

Cricket South Africa CEO Gerald Majola continued to receive bonuses even while payments to him for the 2009 Indian Premier League (IPL) held here were being investigated, the Nicholson inquiry into Cricket South Africa's (CSA) financial affairs was told yesterday.


Gerald Majola (left) and Lalit Modi

CSA board official Ernest Molotsi told the inquiry established by sports minister Fikile Mbalula that Majola received a bonus of 1.4 million rands (for the 2010-2011 fiscal year) which was paid into his account before CSA's remunerations committee had approved it.

"The head of the remunerations committee, Thandeka Mgoduso had said she was not aware that the bonuses had been paid because the matter had not been finalised by the committee. It was under discussion, therefore that bonus was not authorised," Molotsi said.

Colin Beggs, the former CSA member who first blew the whistle on the bonuses paid without declaring to the board, told the inquiry that Majola did not believe it necessary to inform the board about it.

You May Like

MORE FROM JAGRAN

0 Comments

    Leave a Reply