No CSA probe into T20 saga

CRICKET South Africa will not mount an independent investigation into the T20 Global League saga.

The inaugural edition of the tournament was to have been played this year‚ but the event collapsed after the board discovered it would cost them $25-million (about R318-million) in losses.

The fiasco cost Haroon Lorgat his job as CSA’s chief executive.

Yesterday, CSA president Chris Nenzani was quoted in a statement saying: “A complete reconciliation of the total expenditure incurred on the T20GL has been concluded and we can confirm that all monies have been adequately accounted for and we have found no irregularities or financial mismanagement.

“These reconciliations will now be examined by our external auditors‚ Nkonki‚ as part of normal audit procedures.”

The statement said “the board also noted that the investigations highlighted pervasive governance lapses around the T20GL”. That might be taken as a reference to the fact the tournament floundered despite the establishment of a sub-committee comprised of vicepresident Thabang Moroe and independent directors Louis von Zeuner and Iqbal Khan.

Perhaps not‚ if a quote the statement attributed to Nenzani is to be taken at face value: “The CSA control environment is what stood us in good stead to date and the same standards should be applied even when we decide to embark on a ringfenced initiative as the T20GL.

“We will fix these aspects with a great sense of urgency.”

But‚ asked if CSA would launch an independent inquiry into the affair‚ a board spokesman said: “At this stage, no independent investigation.”

That follows CSA saying last month that they had opted for two parallel processes to probe what went wrong – by their internal auditors and a law firm they appointed.

TimesLIVE has learnt that CSA have managed to curb their T20GL losses to about $14.2-million (R181-million).