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Rediff.com  » Cricket » Majola, McIntosh pocketed more than two thirds of IPL bonus

Majola, McIntosh pocketed more than two thirds of IPL bonus

Source: PTI
December 06, 2011 15:38 IST
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Former Cricket South Africa official Colin Beggs has alleged that CEO Gerald Majola and former COO Don McIntosh pocketed more than two thirds of the controversial IPL bonuses while staffers down the hierarchy, such as groundsmen, got nothing.

Beggs, a former board member, in his deposition to the inquiry committee on the financial affairs of CSA, instituted at the behest of sports minister Fikile Mbalula, said, "I don't know who had the authority to decide that was an appropriate split for these two executives to get the majority (of the IPL bonus)."

The IPL-II was played in South Africa because of security concerns around elections in India at the time.

Beggs was the first person to have raised the flag about Majola not having declared the IPL bonus to the CSA board.

He was subsequently ousted after a call for an independent inquiry, as was CSA president Mtutuzeli Nyoka, who did the same.

After being reinstated following court action, Nyoka got auditors KPMG to conduct an independent inquiry, which found Majola to be in breach of his fiduciary duties.

Beggs said it was incumbent on Majola to have declared the bonuses.

"It is virtually the first item, after apologies (at any meeting) to declare any interests one has," Beggs said, adding that Majola had many opportunities to do that, but he did not.

Majola is expected to testify at the inquiry on Wednesday.

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