Gerald Majola to break his silence on the controversial bonuses issue
Gerald Majola to break his silence on the controversial bonuses issue
Embattled Cricket South Africa CEO Gerald Majola is expected to break his silence on the controversial bonuses that he allocated to himself and other CSA officials for hosting the 2009 IPL here, on Wednesday.
Written by Cricket Country Staff Published: Dec 05, 2011, 02:31 PM (IST) Edited: Dec 05, 2011, 02:31 PM (IST)
Embattled Cricket South Africa CEO Gerald Majola is expected to break his silence on the controversial bonuses that he allocated to himself and other CSA officials for hosting the 2009 IPL here, on Wednesday.
Majola will testify before the three-man inquiry appointed by Sports Minister Fikile Mbalula to investigate the financial affairs of CSA.
Majola will go in with a case that has been substantially weakened by some of his former and current colleagues and bosses at CSA who testified last week.
There was scathing condemnation in the first week from former members of the political wrangling within CSA, including the squabble over the IPL bonuses and dismissal of board members and the former President who had called for an independent inquiry.
But current and former CSA board members, who testified last week, ostensibly to defend Majola, have actually weakened his case, according to commentators here.
An independent inquiry by audit firm KPMG had found Majola to be in breach of the Companies Act. The minister has asked for the inquiry to finalise its report before Christmas.(PTI)
This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.
Strictly Necessary Cookies
Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings.
If you disable this cookie, we will not be able to save your preferences. This means that every time you visit this website you will need to enable or disable cookies again.