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Cape Town - Cricket South Africa said they have agreed to reinstate president Mtutuzeli Nyoka and will hold an independent investigation into the federation's finances.
"The board has agreed in the interests of cricket, to abide by the judgment handed down in the South Gauteng High Court on 15 April," CSA said in a statement after the federation's board of directors met in Johannesburg on Wednesday night.
"Dr Nyoka has been reinstated as president and chair of the board of directors with immediate effect.
"The meeting unanimously agreed to abandon any appeal process in relation to the judgment.
"It was resolved to institute an external investigation including a forensic audit in relation to the mandate given to the Khan Review Committee."
Representatives of the department of sport and recreation, the South African Sports Confederation and Olympic Committee (Sascoc) and CSA's legal and governance committee were also in attendance.
"It was a good meeting, but I don't think one can be dishonest to say there were no problems," Nyoka said.
"There were ups and downs, but the advantage we have in cricket is that we have people with sound leadership skills."
Nyoka was fired in February but CSA was told to reinstated him following a court judgment that found he had been unlawfully dismissed. CSA initially said it would file an appeal.
Nyoka threatened to blow the lid on corruption in cricket after his calls for an independent inquiry into bonuses paid to 40 CSA staff members last year, including CEO Gerald Majola, were ignored.
He told the court that R68m had gone missing from a CSA bank account, but the federation said it had held the funds for the Indian Premier League as running costs for the Twenty20 competition which South Africa hosted in 2009.
"The board has agreed in the interests of cricket, to abide by the judgment handed down in the South Gauteng High Court on 15 April," CSA said in a statement after the federation's board of directors met in Johannesburg on Wednesday night.
"Dr Nyoka has been reinstated as president and chair of the board of directors with immediate effect.
"The meeting unanimously agreed to abandon any appeal process in relation to the judgment.
"It was resolved to institute an external investigation including a forensic audit in relation to the mandate given to the Khan Review Committee."
Representatives of the department of sport and recreation, the South African Sports Confederation and Olympic Committee (Sascoc) and CSA's legal and governance committee were also in attendance.
"It was a good meeting, but I don't think one can be dishonest to say there were no problems," Nyoka said.
"There were ups and downs, but the advantage we have in cricket is that we have people with sound leadership skills."
Nyoka was fired in February but CSA was told to reinstated him following a court judgment that found he had been unlawfully dismissed. CSA initially said it would file an appeal.
Nyoka threatened to blow the lid on corruption in cricket after his calls for an independent inquiry into bonuses paid to 40 CSA staff members last year, including CEO Gerald Majola, were ignored.
He told the court that R68m had gone missing from a CSA bank account, but the federation said it had held the funds for the Indian Premier League as running costs for the Twenty20 competition which South Africa hosted in 2009.
