Former Cricket South Africa (CSA) unbiased board member Iqbal Khan has dismissed allegations that there was a battle of curiosity involving him and present performing president Beresford Williams at Western Province Cricket Affiliation (WPCA).
SowetanLIVE reported in July grievance in opposition to Khan was formally reported in November final 12 months by a fellow board member alleging he after which vice-president Beresford Williams have been conflicted in a CSA partnership deal concluded with WPCA for the Stadium Improve Undertaking (SUP) at Newlands in Cape City.
Appearing CSA president Williams didn’t reply to questions emailed to him on Tuesday.
Williams‚ who’s vying for the CSA presidency on the but to be introduced new date for the postponed AGM which was set for September 5‚ is a former president at WPCA.
Khan stated on Wednesday that the article printed by TimesLIVE on July 10 “consists of some untruths”.
“Your article is predicated on a letter written to the CSA chairman (Chris Nenzani) by (former CSA non-independent board member) Jack Madiseng. I tackle every of those (untruths) beneath‚” Khan stated in an emailed response to TimesLIVE on Wednesday.
Khan resigned on December 5 final 12 months on the identical day as CSA firm secretary Welsh Gwaza acknowledged receipt of the formal grievance from Madiseng.
“As regards to Mr Iqbal Khan‚ it’s alleged that at his place of employment he’s a direct subordinate of an unbiased member of the WPCA Board (Mustaq Brey) and the chairman of considered one of its key committees‚” Gwaza wrote in acknowledging receipt of the grievance.
“It’s alleged that the failure to declare such battle of curiosity endured for a time period‚ together with‚ however not restricted to a crucial interval the place the WPCA utilized for loans from CSA‚ and Mr Iqbal Khan‚ in his capability because the chairman of the CSA finance and business committee (with out declaring the battle of curiosity) proceeded to suggest to the CSA Board that such loans be superior to WPCA‚ and took part within the decision-making associated to such requests.
“To make sure that the grievance was given the suitable consideration as per the necessities of the CSA Constitutive paperwork‚ the grievance was submitted to the Social and Ethics Committee for investigation‚ which investigation was ongoing.
“The end result of such investigation would have fashioned a part of that Social and Ethics Committee’s submissions to the Board.”
Khan resigned on December 5 final 12 months whereas Brey resigned from his unbiased directorship function on the WPCA two months in the past in July.
Khan is chief working officer at JSE-listed Brimstone‚ an organization the place Brey serves as CEO. Khan and Brey are listed as lively administrators together with 10 others.
“No battle existed for Mr Brey or myself as each of us had no involvement or curiosity within the Stadium Improve Undertaking (SUP) in any respect at any degree‚” stated Khan.
However revelations from former CSA president Chris Nenzani throughout his session session with Fundudzi Forensic Companies investigators in June revealed that Khan‚ as finance committee chairman‚ and former WPCA president Williams‚ who was CSA vice-president on the time‚ sat in committee conferences that permitted a R5-million mortgage by WPCA.
The chartered accountant’s alleged battle fashioned a part of CSA’s forensic audit and investigation commissioned in March to look into board and administration practices on the organisation over the previous 4 years.
The investigators’ opinion after finishing up their work was that Khan was conflicted to sit down‚ adjudicate and award a mortgage of R5-million to WPCA‚ in response to a transcript of a session between Nenzani and the investigators that TimesLIVE is in possession of.
Nenzani‚ who resigned final month three weeks earlier than an AGM the place his successor was to be elected‚ admitted throughout his session with the investigators that Khan and Williams have been probably conflicted.
“There’s a potential of battle of curiosity‚ and after I turned conscious‚ bear in mind‚ how can I put this‚ on the time‚ Mr Williams was not‚ now not a president of the Western Province affiliation‚” Nenzani stated throughout his interrogation by the investigators in June.
The investigators identified to Nenzani that Williams was his right-hand man as vice-president.
“Sure‚ to such an extent that I requested him (Williams)‚ as soon as I started my work that he ought to all the time recuse himself when these issues are mentioned.
“And fortuitously‚ Iqbal additionally indicated that‚ he declared his state of affairs and for the board to grasp and know that by some means‚ he’s related as a result of he‚ Mr Brey is his CEO‚ in Brimstone‚ and in addition due to this fact may create potential battle of curiosity.
“However query then is‚ have been they as people conscious of this‚ even earlier than anyone else may have kind of highlighted this matter‚ as a possible situation that would elevate issues of battle? They need to have been conscious‚” stated Nenzani.
“(They need to have) recused themselves‚ however after I spoke to Beresford‚ he has all the time recused himself when these issues are mentioned however earlier than then‚ he didn’t‚ till he turned clear that there’s a battle‚ or a possible for battle of curiosity and I spoke to him.”
Khan denied that CSA loaned cash to WPCA and stated the union owed its mom physique monies constructed up for over 10 to 15 years.
He stated‚ as a settling mechanism‚ WPCA supplied CSA and funding alternative into their stadium improve.
“CSA fincomm evaluated this chance utilizing business metrics and accepted this supply to subscribe into the stadium venture.
“The choice to put money into the stadium venture was made collectively by Fincom and never me‚ though I used to be chair of Fincom on the time‚” insisted Khan.
“Loans weren’t granted to WPCA. Monies have been superior to WPCA as a part of CSA’s proportional contributions in opposition to collateral safety.
“These proportional contributions have been made prematurely to facilitate delays in authorized settlement completion and to make sure continuity within the constructing course of.”
Khan stated the stadium projected engaging business returns to CSA which included substantial signed leases. He stated WPCA considered the partnership with CSA as a graduation of the province’s monetary independence.
The CSA Board Constitution stipulates‚ in paragraph 13‚ that “the Board shall persistently apply the provisions of the Firms Act on the disclosure and/or avoidance of any conflicts of curiosity. Members shall be required to declare their pursuits basically on an annual foundation and particularly at every assembly of the Board.”
The CSA Code of Ethics (clause 2.three) states the next with regard to battle of curiosity:
“CSA personnel are required to be free from any affect which could intervene or appear to intervene with the right and environment friendly discharge of their duties or which could influence or appear to influence on their responsibility of loyalty to CSA.
“The place a CSA stakeholder‚ both immediately or not directly has a battle or there’s a potential for a battle to come up‚ then he/she should:
“Disclose the curiosity to the Firm Secretary who shall have the authority‚ after session with the Chairman‚ to both allow the battle or refer the matter to the Social & Ethics Committee for additional consideration;
“Excuse him/herself from any formal discussions associated to the battle of curiosity; and (c) abstain from voting and from looking for to affect the vote on any matter associated to the battle of curiosity.