Former SA finance boss jailed for fraud

Diteko Modise, the former financial manager of the South African board, has been sentenced to 76 years in jail for multimillion-rand fraud and money laundering, according to a report in The Statesman.

In February, Modise was charged with nine counts of fraud, money laundering and theft when 7.4 million rand ($1 million) went missing from what was then the United Cricket Board of South Africa, in the period that he was in charge of their internal auditing. Although some money was recovered from Modise, the loss totalled 6.1 million rand.

Magistrate Jeremy Janse van Vuuren labelled Modise "very greedy", suggesting he should serve a minimum of 20 years before being considered for parole. He added that Modise had calculated his actions carefully despite already earning an "excellent salary".

Modise's lawyer is expected to lodge an appeal next week.