Cricket

Golden handshake for Majola?

2012-09-07 09:22
Gerald Majola (Gallo)
Johannesburg - Suspended Cricket SA (CSA) chief executive Gerald Majola tabled a settlement to walk away from his job, according to a report on Friday.

The New Age reported that Majola's lawyer, Pumezo David, confirmed that they made an offer to the CSA that Majola would leave if he was paid two year's salary.

"We're waiting for the CSA to come back to our client to inform us whether they've accepted our settlement offer or not," David told the newspaper.

"It's been over two weeks since our meeting and we're still to receive any correspondence from the CSA. We are not sure as to what is taking them so long to get back to us."

David would not elaborate on the details of the settlement.

The newspaper reported that Majola earned about R2 million a year and could walk away with about R4 million if CSA paid him out.

Majola was suspended in March following the release of the Nicholson report, which found he had paid R4.7 million in bonuses to CSA staff without clearance from the board or the remuneration committee.

However, CSA's lawyer Nicholas Preston told the newspaper that it was unlikely that the offer would be accepted.

"Proposals from Majola and CSA could not be agreed upon as they were miles apart from each other," said Preston.

"This means that in all likelihood the CSA will continue with the disciplinary process against Majola next month."

According to the report, two affiliated presidents, who did not want to be named, said the CSA wanted to take the matter to Sport Minister Fakile Mbalula for approval.

Mbalula's adviser Justin de Allende said the matter had nothing to do with the ministry and it was between Majola and the CSA.

Read more on:    csa  |  gerald majola  |  cricket
NEXT ON SPORT24X

 

Read News24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
49 comments
Comments have been closed for this article.
Live Video Streaming
  • Blitz
    Mon, 24 Nov 2014 @00:00
  • SS1
    Mon, 24 Nov 2014 @01:00
  • SS2
    Mon, 24 Nov 2014 @02:00
  • SS3
    Mon, 24 Nov 2014 @03:00
Video Highlights
Sport Talk

 
 
/Sport
Men
Women
Love 2 Meet
English Premiership flutter

Take Sport24's "expert" tips at your peril...

Featured

As the Absa Premiership nears the Christmas break, a little over half the season remains. Who will be crowned champions when all is said and done? Which teams will be relegated? Stay glued to Sport24 to find out!

Latest blogs
Vote

Cricket South Africa has banned Gulam Bodi for 20 years after his conviction for match-fixing. Does the punishment amount to no more than a slap on the wrist for an already retired cricketer?

Twitter Follow Sport24 on Twitter

Facebook "Like" Sport24's Facebook page

WIN Enter and win with Sport24!

BlackBerry Stay in the loop on your BlackBerry

RSS Feeds Sport news delivered really simply.

 
There are new stories on the homepage. Click here to see them.