Saturday, September 14, 2013

Alli's salary increased by R1.1m: report

No fear No Favour No Sanral Fraud..........



Sapa | 14 September, 2013 11:16








SA National Roads Agency Limited (Sanral) CEO Nazir Alli's salary package has increased by R1.1 million compared to the previous financial year.





Beeld reporterd on Saturday that Alli presently received a total package of R3.061m and a bonus payment of R679 000.
In 2012, his total package was R1.919m excluding bonuses, according to Sanral's yearly statements published this week.
Sanral received an unqualified audit, however the auditor general warned that the group's situation needed to be watched. The AG said because of a R5.7 billion cash injection from government, Sanral was no longer a concern, Beeld reported. Sanral's balance sheet indicated it had an accumulated loss of R4.7bn.
Sanral spokesman Vusi Mona told the newspaper the company was not in trouble financially.
He said roads that were not tolled were financed by the Treasury and Sanral received about R10bn from government for them annually.


TIMES LIVE 

COMMENTS BY SONNY

WITH ALL THIS TREASURY FUNDING WHY DO THEY HAVE TO STEAL MORE FROM TAX
PAYERS AND PENSIONERS..?
GREED AND ONGOING CORRUPTION?
LOOKS LIKE MALEMA WAS RIGHT!






1 comment:

  1. Like the old idiom says: "Adding insult to injury.."

    ReplyDelete