Financial irregularities probe prompts suspension of Auckland Rugby League Directors
The launch of an investigation into possible financial irregularities at Auckland Rugby League has prompted the suspension of three directors.
In a statement, Auckland Rugby League Chief Executive Rebecca Russell said a preliminary investigation by accounting firm PwC showed evidence of mis-applied funds dating back to 2013, as a result of which the ARL has suspended three directors.
Russell was did not provide details regarding the nature of the misappropriated spending but said the matter has also been referred to the New Zealand Police and Serious Fraud Office.
Russell advised that Chairperson Shane Price, elected director Tasha Tasmania and two independent directors, Struan Abernethy and Julian Butson, will continue to provide the governance necessary to ensure the ongoing activities and operations of ARL while a more comprehensive investigation is undertaken.
Noting that while it is a difficult time for ARL but they are committed to transformation, Russell advised “when I joined ARL 18 months ago I said that I would transform the organisation on all levels. This is one of the areas of ARL that needed to transform and our clubs, players, staff, sponsors and stakeholders can take great confidence in the management of ARL and our transformation plans."
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