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Cricket South Africa CEO Majola likely to be fired

Source : ANI
Last Updated: Mon, Mar 12, 2012 08:40 hrs

Cricket South Africa's CEO Gerald Majola is likely to face the sack, as the organization meets in Johannesburg to take a decision on his future, and possible successors.

According to press reports an emergency meeting was called hardly an hour after Judge Chris Nicholson announced his negative findings following a four-month inquiry into the alleged mismanagement by Majola.

South Africa President Jacob Zuma is expected to be briefed on this issue by Sports Minister Fikile Mbalula on Monday.

"The KPMG report recommended that CSA should seek legal advice from senior counsel. Both Advocates Azhar Bham SC and Paul Pretorius SC endorsed the fact that the allegations against Majola were serious and that he had contravened the Companies Act, by failing to carry out his fiduciary duty to disclose to CSA all matters relevant to the said bonuses. Pretorius concluded that Majola should face a disciplinary hearing," Sports 24 quoted Judge Nicholson, as saying.

Majola has been fighting for survival since it was exposed in August 2010 that he and close on 40 other employees received millions of rands in unauthorized bonuses for hosting the Indian Premier League (IPL) tournament and the Champions' Trophy in 2009. (ANI)




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