SA National Roads Agency Ltd (Sanral) CEO Nazir Alli’s salary package did not increase by R1.1 million but by R332,000, the company said on Tuesday.<\/p>\n
“It is also important for the sake of fairness that the context in which salary increases occur, are stated,” spokesman Vusi Mona said in a statement.<\/p>\n
“The CEO’s salary is determined by Sanral’s board and approved by the minister of transport.”<\/p>\n
Mona said Alli’s annual salary of R1,563,000 was adjusted to R1,895,000 according to the annual report.<\/p>\n
On Saturday, Beeld reported that Alli’s salary package had increased by R1.1m compared to the previous financial year.<\/p>\n
According to the report, Alli presently received a total package of R3.061m and a bonus payment of R679,000 while his total package in 2012 was R1.919m excluding bonuses, according to Sanral’s yearly statements published this week.<\/p>\n
To say he received a bonus this year and not last year and simply add that to his salary was at best an indication of basic misunderstanding, Mona said.<\/p>\n
A bonus was not and had never been part of a salary, he said. The reports over the weekend were wrong.<\/p>\n
“The reports are simply mischievous, or worse, prejudice is colouring views.”<\/p>\n
He said South Africans should be having a rational discussion about the state of the roads.<\/p>\n
There was no argument about the quality of the national roads, the high-level engineering and the “solid administration and Sanral’s clean financial bill of health”.<\/p>\n
“Clearly misleading reports about the CEO’s salary detracts from these achievements while adding nothing to the rational debate around our roads. That is deplorable,” Mona said.<\/p>\n
Sanral received an unqualified audit. However the auditor general warned that the company’s situation needed to be watched.<\/p>\n
Sanral’s balance sheet indicated it had an accumulated loss of R4.7bn, Beeld reported.<\/p>\n
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