Former cricketer Shane Warne is facing “legal issues” about cash accounts donations on his charity. The audit of the foundation was unable to display the records on how much money was raised in the foundation.
The accounting firm Klynveld Peat Marwick Goerdeler (KPMG) was the one which handles the investigation on the “charity case” of Warne. Shane Warne Foundation by Consumer Affairs Victoria failed to file and present statement of accounts and receipts documents by a deadline towards the end of 2015. The two-page document that came out last Friday showed that the charity was impracticable to establish control over the collection of cash donations prior to entry into its financial records, Roar News reports.
Furthermore, the KPMG found out that some accounts that gave donations were not written on the records. “As the evidence to us regarding fundraising revenue from this source was limited, our audit procedures with respect to cash donations had to be restricted to the amounts recorded in the financial records,” The Guardian reports.
“We therefore are unable to express an opinion … whether cash donations at the foundation are completely recorded.”
In addition, auditors discovered that the foundation did not accomplish all the records needed by the Consumer Affairs on time.
On the other hand, Warne defended himself and the charity in a television interview. ” It is disappointing that people want to come after some good people that have raised a lot of money and made a serious difference to seriously underprivileged children,” The Irish Examiner quoted Warne as saying. “You can all be stuffed if you want to have a go at us for it but we are very, very proud of what we have been able to achieve.”
The Shane Warne Foundation was established in 2004 for seriously ill and underprivileged children and teenagers in Australia. Nevertheless, it is announced last January that the charity will shut down for mismanagement allegations.