Brumbies referred to ASIC over land deal

Super Rugby
by Staff Writer

Super Rugby outfit the Brumbies have been referred to corporate regulator ASIC over unidentified potential breaches.

Late in 2015, the Brumbies and the Australian Rugby Union referred the controversial sale of its Griffith headquarters and subsequent move to the University of Canberra to police after the club said it had uncovered "anomalies" in multiple transactions.

The referral followed an internal audit by KPMG ordered by former club chief executive Michael Jones.

The KPMG report remains suppressed by the courts, although some details emerged before the suppression order and through questions asked in the ACT Parliament.

An ACT Policing spokesperson said on Wednesday that police had finished their assessment.

"During the assessment, ACT Policing identified matters for the consideration of the Australian Securities and Investments Commission," she said.

"When he received the KPMG report last year Mr Jones, who has since left the club after a bitter dispute over the report, said the allegations were serious enough to be referred to police - which was one of the options given by KPMG."

Police provided no further details.

When he received the KPMG report last year Mr Jones, who has since left the club after a bitter dispute over the report, said the allegations were serious enough to be referred to police - which was one of the options given by KPMG.

Meanwhile, New Zealand Rugby have named a high-powered panel to examine sexism in the game following a number of recent scandals.

The so-called "respect and responsibility review" will look at how to change NZ Rugby’s macho culture and make it more inclusive.

"In the same way that rugby seeks to do better on the field, we must constantly seek ways to improve off the field," NZR chief executive Steve Tew

said.

The sporting body acted amid growing public disquiet over the off-field antics and NZR's handling of the incidents.

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