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
NEXT ON SPORT24X

What To Read Next

 

Read News24’s Comments Policy

Live Video Streaming
Video Highlights
Sport Talk

 
 
Men
Women
Love 2 Meet
English Premiership flutter

Take Sport24's "expert" tips at your peril...

Sport24 on Twitter

Follow Sport24 news on Twitter

Featured

With the Absa Premiership in full swing, who will be crowned champions when all is said and done? Will Mamelodi Sundowns defend their title? Or can Kaizer Chiefs, Orlando Pirates or Bidvest Wits mount a serious challenge? Stay glued to Sport24 to find out!

Latest blogs
Vote

The Springboks' year of woe and misery came to a predictable end with defeat against Wales in Cardiff. What should happen next?

Twitter Follow Sport24 on Twitter

Facebook "Like" Sport24's Facebook page

WIN Enter and win with Sport24!

BlackBerry Stay in the loop on your BlackBerry

RSS Feeds Sport news delivered really simply.

 
There are new stories on the homepage. Click here to see them.