Rugby

KPMG audit: SARU CEO hid money

2016-01-27 14:04
Jurie Roux (Gallo Images)

Cape Town - South African Rugby Union (SARU) CEO Jurie Roux reportedly “manipulated” financial management systems to favour the rugby programme during his time at Stellenbosch University.

According to Netwerk24, a preliminary report by audit firm KPMG reveals that Roux “hid” spending and “withheld” about R35m of the University’s reserves from the university council.

He referred to the money as “sparries”.

According to the KPMG audit, former Stormers flyhalf Peter Grant, former Saracens loose forward Ernst Joubert, former Maties coach Chean Roux and new Blue Bulls Currie Cup coach Hendre Maritz benefited from these “sparries”.

Roux’s lawyer, Frikkie Erasmus, said his client will not comment on the allegations because it could negatively impact him in his legal battle with the University of Stellenbosch.

The University of Stellenbosch is suing Roux for R32m - the amount the Cape university believes Roux used to help fund the Maties Rugby Club.

According to court documents, Roux and a colleague, Chris de Beer (then the deputy director of student fees), worked together between 2002 and 2010 where they made "unauthorised" transfers from the university's reserve funds.

Roux left his job as chairperson of the Stellenbosch Rugby Club in 2010 to become SARU CEO.

De Beer was fired by the university in 2012.

Read the full story on Netwerk24

Read more on:    saru  |  jurie roux  |  rugby
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