Police pass Brumbies audit to ASIC

Share Canberra's trusted news:

POLICE have referred the controversial and suppressed ACT Brumbies audit report to the Australian Securities and Investment Commission.

Without revealing any particular issues of concern, brumbies logoACT police announced today (November 9) that their assessment had been finalised and that they had referred the matter to ASIC on October 11.

The police investigation followed the Brumbies’ and the Australian Rugby Union’s controversial sale of the Griffith headquarters to Canberra developer Graham Potts.  In November last year the then-incoming general manager Michael Jones had ordered a forensic report into the sale. Based on the KPMG audit, Jones and the Brumbies board, along with the ARU, decided to refer the matter to police.

The KPMG audit remains suppressed by the Supreme Court and Jones has subsequently left the club.

The team relocated to the University of Canberra last year.


Who Can You Trust?

In a world beleaguered by spin and confused messages, there's never been more need for diverse, trustworthy, independent journalism in Canberra.

Who can you trust? Well, for more than 25 years, "CityNews" has proudly been an independent, free, family-owned news magazine, serving the national capital with quality, integrity and authority. Through our weekly magazine and daily through our digital platforms, we constantly and reliably deliver high-quality and diverse opinion, news, arts, socials and lifestyle columns.

If you trust our work online and believe in the power of independent voices, I encourage you to make a small contribution.

Every dollar of support will be invested back into our journalism so we can continue to provide a valuably different view of what's happening around you and keep citynews.com.au free.

Click here to make your donation and you will be supporting the future of journalism and media diversity in the ACT.

Thank you,

Ian Meikle, editor

Previous articleCanberra Confidential / When Corflutes die and go to…
Next articleArts / Cool Dave’s lending a hand

Leave a Reply