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Nyuuz
ASA boss Moloi suspended over fund abuse
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[QUOTE="Munyaradzi Mafaro, post: 66783, member: 636"] Athletics South Africa suspended its President, James Moloi, on Saturday after a forensic audit revealed financial misconduct. The South African Sports Confederation and Olympic Committee investigation found that federation funds were used to cover personal expenses, including alcohol and clothing. Moloi must explain by Oct. 31 why he should avoid indefinite suspension. Deputy President John Mathane assumes leadership while a disciplinary committee reviews the case. The board cannot suspend the Chief Financial Officer under employment regulations, but faces criticism for protecting acting CEO Terrence Magogodela. Five provincial athletics associations demanded that both officials step aside to prevent interference with investigations. Parliament first raised concerns on June 1 about credit card misuse at restaurants and taverns. Sport Minister Gayton McKenzie ordered the probe after Moloi claimed he met business partners at drinking establishments. The scandal threatens South African athletics' reputation ahead of major international competitions. [/QUOTE]
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Nyuuz
ASA boss Moloi suspended over fund abuse
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