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Cape Town - Two Athletics South Africa cars have been sold for R1 each, according to a report on the Sowetan website.
The startling information was presented to the ASA interim board , which is led by veteran administrator Ray Mali, in Port Elizabeth on Saturday.
The vehicles, one of them a luxury executive model with a book value of R40 000, were bought by people outside the ASA but were later traced to “officials” of the federation.
The matter is part of the ongoing forensic audit that covers financial and administrative matters by the South African Sports Confederation and Olympic Committee .
SASCOC has commissioned Deloitte and Touche auditors to undertake the forensic audit, which has potentially far-reaching implications.
Sowetan has been informed by a senior athletics administrator, who spoke on condition of anonymity. He said the sale of the two cars was approved by the previous ASA board.
“The decision to get rid of the two old cars was taken at a properly constituted board meeting in 2004. It has nothing to do with the current board,” the administrator said.
The startling information was presented to the ASA interim board , which is led by veteran administrator Ray Mali, in Port Elizabeth on Saturday.
The vehicles, one of them a luxury executive model with a book value of R40 000, were bought by people outside the ASA but were later traced to “officials” of the federation.
The matter is part of the ongoing forensic audit that covers financial and administrative matters by the South African Sports Confederation and Olympic Committee .
SASCOC has commissioned Deloitte and Touche auditors to undertake the forensic audit, which has potentially far-reaching implications.
Sowetan has been informed by a senior athletics administrator, who spoke on condition of anonymity. He said the sale of the two cars was approved by the previous ASA board.
“The decision to get rid of the two old cars was taken at a properly constituted board meeting in 2004. It has nothing to do with the current board,” the administrator said.
