The South African Sports Confederation and Olympic Committee (SASCOC) has outlined the process that will be followed to appoint the legal Counsel that needs to evaluate recommendations of KPMG to ascertain if certain actions need to be considered by the Board of Cricket South Africa (CSA).
SASCOC will seek the necessary Legal Counsel for this purpose and engage agreement of the Ministry of Sport.
SASCOC will forward the name of the recommended Legal Counsel to Board member Mr. Archie Pretorius, who was also a Task Team Member who looked into this issue and is Acting Chairman of CSA’s Audit Committee.
Once the forensic audit report is finalised with the necessary adjustments which Mr. Pretorius is working on with KPMG, SASCOC and the Ministry, together with Mr. Pretorius will brief Legal Counsel identified.
Once feedback has been received from Legal Counsel, it will be presented to SASCOC, Ministry of Sport and Mr. Pretorius after which it will be presented to the CSA Board.
Cricket South Africa (CSA) took a majority decision to accept the recommendations of the forensic report undertaken by KPMG that there is possible irregular conduct with respect to the Companies’ Act and the fiduciary duties of directors. CSA will seek the assistance of SASCOC for the appointment of legal Counsel in terms of the Companies’ Act as recommended in the report.
The report indicates that there are no monies missing from the coffers of CSA.
The report further indicates that the remuneration and travel allowances’ policy of CSA needs to be reviewed forthwith.