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Sanral boss gets R1m salary bump - report

Sep 14 2013 11:05
Johannesburg - SA National Roads Agency Limited (Sanral) CEO Nazir Alli's salary package has increased by R1.1m compared to the previous financial year, Beeld reported on Saturday.

According to the report, 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 R5.7bn 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 spokesperson 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.

sanral  |  nazir alli

 
 
 

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