The committee, led by Oliphant as president and Khoza as his deputy, voted at a meeting to reward members of the Local Organising Committee (LOC) board 10percent while Safa executives stood to pocket 5percent of the spoils, estimated at between R500million and R1billion – a windfall from the June 11 to July 11 soccer showpiece.
Shockingly, associations of Safa were to be given a paltry 5 percent.
This was uncovered by Sowetan after a lengthy investigation and eventually confirmed by a number of highly-placed sources in the soccer fraternity.
Ousted Safa bosses’ plan to loot R500m
Sowetan
April 29, 2010