हिन्दीಕನ್ನಡമലയാളംதமிழ்తెలుగు

Majola asked to repay IPL bonus of 2 million rands

Published: Monday, April 30, 2012, 11:23 [IST]
 
Share this on your social network:
   Facebook Twitter Google+    Comments Mail

Majola asked to repay IPL bonuses

Johannesburg, Apr 30: Suspended Cricket South Africa CEO Gerald Majola will have to repay almost two million rands that he paid himself as bonus during the 2009 IPL here without informing the CSA Board, Sports Minister Fikile Mbalula has stated.

Mbalula decided this after meeting the CSA board to discuss its plans to implement the recommendations of the Nicolson inquiry into the financial affairs of CSA.

The minister set up the inquiry following two years of internal wrangling over the bonuses for the event which Majola paid himself and other senior CSA staff.

IPL 2 was held in South Africa due to concerns over security at the time because of elections in India. Mbalula also announced that a civil process would be instituted to recover the four million ends from former CSA financial head Don McIntosh, who resigned amid the crisis.

McIntosh was paid the amount for his work as director of the IPL tournament. Like Majola, he did not declare his bonus to the board.

Action will not be taken against other CSA staff who received bonuses because the Nicolson report did not express a view beyond the top directorships, according to the minister.

Majola is currently under suspension pending a disciplinary hearing, as was recommended by the Nicolson inquiry, which found him to be in breach of his fiduciary duties and also recommended possible criminal charges against Majola.

Mbalula ended speculation that the entire CSA board might be asked to step down by accepting the actions taken by acting president Willie Basson and acting chief executive Jacques Faul, who have previously indicated that if it means working themselves out of a job, they were prepared to do so.

"The institution of a disciplinary process against Majola and the restructuring committee is the first step on the road to regain the confidence of the public, sponsors and other interest groups," Mbalula said.

PTI

Write Comments