The CEO of The South African Rugby (SARU) Jurie Roux may be smiling home with as much as R15m if they decide to suspend him for his alleged involvement in financial irregularities.
Roux remains at the centre of a multi-million rand investigation after alleged mismanagement of funds during his tenure as chairperson of Maties Rugby Club, the role he left in order to join SARU.
Trouble steered towards Roux again in recent weeks after it was reported that he “manipulated” financial management systems to favour the rugby programme during his time at Stellenbosch University.
There were also allegations that he benefited from the bursaries he allocated to players during his tenure as chairperson of the Maties Rugby Club.
These unauthorized payments amounted to as much as R32m and Roux has been summoned to the Western Cape High Court to refund the money.
Rapport reported that there is “tremendous pressure” on SARU and its president Oregan Hoskins in particular from the DA and others, to suspend Roux from the the union, but they are threading with caution as any action taken against the CEO could have “far-reaching financial ramifications” for the rugby governing body.
The newspaper gathered from different sources that Roux could actually walk away with R15m if SARU expels him prior to the completion of the trial.
According to the report, Roux currently earns R3m per year, not counting bonuses.
Meanwhile, the South African Rugby Union (SARU) had moved to distance themselves from the appointment of Jurie Roux as CEO in 2010.
In a press release last month, SARU denied claims that it was aware of Roux’s employment at Stellenbosch University at the time of his appointment.
According to the release, the recruitment company received all applications; prepared a shortlist; interviewed candidates and finally made a recommendation to the General Council of SA Rugby.
SARU made it know that the reason for using the recruitment company was to avoid being accused of any form of favoritism in the appointment of CEO.