Daily Archives: 19 October 2014
A disciplinary hearing into allegations of “serious misconduct” by a senior staff member of the KZN Sharks rugby administration has exposed a number of alleged breaches in the financial management of the globally revered sport franchise.
A 47-page report described as “highly sensitive” and leaked to the Tribune this week details a litany of apparent unethical financial practice, spanning more than a decade.
Claims of irregular payments for “deserving” staff members, gifts and bonuses, free luxury stadium suites, inflated bonuses, free cars, nepotism, poor accounting and large unauthorised handouts were all part of the mix.