Friday, March 29, 2024

CSA’s Interim Board releases The Statement of Reasons in lieu of recent key decisions and activities in the Board

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Photo Credit: Cricket South Africa

Following the Interim Board’s virtual press conference held on 10/12/2020 Cricket South Africa (CSA) would like to immediately make public its statement of reasons outlining various key decisions of the board in lieu of Mr Omphile Ramele.

The statement of reasons also explains the decision of the Board to exercise its discretion in terms of section 71(3)(b) of the Companies Act to remove Mr Ramela as a director of the Company, on account of him having neglected and been derelict in the performance of his functions as a director, as earlier outlined by the Chair of the Interim Board during the virtual press conference.

The statement of reasons can be accessed as follows:

Click here:

https://protect-za.mimecast.com/s/9_L5C48v1zuB8DxkUOnq9p?domain=cricket.co.za

The Interim Board would like to assure all cricket stakeholders that decisions made by the Board and all its structures are in the best interest of cricket and are directed towards bringing stability to the sport of cricket and including protecting the integrity and the reputation of Cricket South Africa.

Said Judge Zak Yacoob Chairman of the Interim Board, “The Interim Board of CSA has a responsibility to ensure that all its members act with ethical integrity at all material times. Equally, as the Board we must also ensure compliance with both the legal and corporate governance prescripts that allow us to perform our mandate as Board members. We therefore find it unacceptable that any of us should engage in destructive practices that do not enrich the process of ensuring that we get to the bottom of what has been happening at CSA. The decision of the Interim Board is therefore taken not withstanding Mr Ramela’s right to seek legal counsel and to make representations”.

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