News24

ASA CEO's job terminated

2012-10-02 15:32

Johannesburg - Athletics SA (ASA) chief executive Frik Vermaak, appointed in December, has been fired after he was found guilty on multiple charges in a disciplinary hearing.

"Athletics SA has terminated the employment of its chief executive officer, Mr Frik Vermaak, following the recommendations received after a disciplinary hearing," ASA said in a statement on Tuesday.

"After hearing evidence for two days, Vermaak was found guilty on the charges of gross misconduct, gross dishonesty and poor work performance."

The hearing, held last month, had been delayed after a break-in at the ASA head offices in Houghton, Johannesburg, in early September. Computers and other ASA property were stolen.

The charge of gross dishonesty related to Vermaak's involvement as CEO of Allegro Holdings and as director of Allegro Group Investments, Allegro Bridging, Allegro Property Services, and five related companies.

These companies were reportedly involved in the misappropriation of around R1.15bn invested in a cash management fund.

Vermaak had not been honest, ASA president James Evans had said ahead of the hearing, about the seriousness of his involvement in the Allegro case.

He was accused of failing to promote transformation within the federation after he made appointments to the ASA head office which allegedly proved contrary.

Vermaak, 54, was charged for putting the federation at risk and facing liquidation, in a matter between ASA and promotion company Accelerate Sport.

It had been reported in February that ASA faced liquidation if it was unable to service its debt of R7m owed to the promotion company.

Vermaak, an athletics commentator for the SABC, was appointed as ASA CEO on a five-year contract.

His appointment was made after a difficult two-year period for the athletics body during which three board members, including embattled president Leonard Chuene, were axed for the misappropriation of funds and their roles in the Caster Semenya gender debacle.

Before Vermaak’s appointment, elite marathon athlete Hendrik Ramaala ran the office despite sitting on the ASA board, which caused ructions within the embattled athletics body.

SAPA

Comments
  • nkwe.mahlanghu - 2012-10-02 15:42

    WP supporter thats why

      squeegee.pilot - 2012-10-02 15:51

      Will it never end?

  • priyal.pillay - 2012-10-02 15:46

    Big fella this. Ironic that he's CEO of Athletics SA. Vermaak was found guilty on the charges of gross misconduct (eating pies on the job), gross dishonesty (lying about eating pies on the job) and poor work performance (obviously due the aforementioned pies)

      Anthony - 2012-10-02 19:14

      lol lol dosent the face say it all

      zipho500 - 2012-10-02 20:37

      Hahahahahahahahahahaha Priyal u funny man lolest

  • Mike Peach - 2012-10-02 15:59

    nkwe you must be well informed and probably jealous of the wp,nice chirp,very rich indeed.

  • ingrid.oberholzer - 2012-10-02 16:00

    It's amazing how the officials can go to the Olympics and spend over R400 000 on a meal at a Restaurant in London and we only hear about it in a hush hush article. I would like to know the actual reason. For the first time I agree it's because he is white.

      dick.etheridge - 2012-10-02 16:22

      He was found out!

  • Mike - 2012-10-02 17:03

    How the hell can an athletics association appoint a bloated frog to head it ??? That alone should have beena warning !

      faizieishlah.shabalala - 2012-10-02 17:36

      And criminal charges have they been taken out, surely this must be standard proceedure in the case of fraud, or not, just an accepted fact of business life in SA

      squeegee.pilot - 2012-10-02 19:04

      Eh..., Mike, your'e not exactly a beauty queen either...

  • Andre Kritzinger - 2012-10-02 19:02

    Any person, irrespective of race, found guilty of fraud etc, needs to be treated in this manner. Is anyone defending what this fool did? Doesn't look like it.

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