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

 

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
55 comments
Add your comment
Comment 0 characters remaining
Live Video Streaming
Sport Talk

 
 
Sport24 on Twitter

Follow Sport24 news on Twitter

English Premiership flutter

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

Featured Blog

With only three weeks before the winter tests and only six games left in the regular season of Super Rugby the push is on for the top six spots on the log, BayLion says.

Latest blogs
Vote

How will the Proteas fare at the upcoming Champions Trophy?

Twitter Follow Sport24 on Twitter

Newsletters Sign up for Sport24's Morning Glory newsletter

Blogs Yes your opinion counts. Get it out there

WIN Enter and win with Sport24!

Mobile Sport24 on your mobile phone - WAP, alerts, downloads, services

BlackBerry Stay in the loop on your BlackBerry

iPhone Latest Sport24 news on your iPhone

Facebook "Like" Sport24's Facebook page

TV schedule Plan your couch time with our searchable sport TV guide

RSS Feeds Sport news delivered really simply.

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