Forensic investigators uncovers excessive use of CSA credit card

This was revealed during the forensic investigators’ consultative session with former president Chris Nenzani in June when investigators wanted clarity on the CSA policy and guidelines on the usage of company credit cards.

“It cannot be‚ it cannot be proper‚ because the credit card is given to a person as a facility to use when that person is doing the official business of the organization‚ not personal business‚ so‚ celebrating one’s birthday cannot be covered‚ cannot be paid for by the company credit card‚” said Nenzani.

The investigators asked Nenzani if there was any policy or guidelines in terms of credit card usage and why the executives would spend between a range of R20‚000 and even R47‚000 just on alcohol for business engagement. “But ordinarily‚ if you had to asked as a person‚ that would not be right‚ in the interest of the company to spend exorbitant amounts of money‚ on the company credit cards‚ on alcohol‚” Nenzani’s answered. TimesLIVE can reveal that CSA had not written policy specifically related to the usage of credit cards until it was put in place after a decision was made for a forensic investigation.

“It was basically a staff outing. It was on the last day of the Test match against Pakistan when Pakistan toured two years ago at Newlands and the event was somewhere in the Cape Town CBD. “For example‚ CSA would have spent R50‚000 on one of the launch events of the Mzansi Super League and I would not be surprised if a credit card was used for such. It has happened before and it will happen again unless there is a guideline policy that says this amount cannot be exceeded. But there’s a general policy within our code that says no company assets can be used for the personal benefit on an individual.

Source: News Formal (newsformal.com)

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