Fri 12 Apr 2019 | 04:01

Bulls investigating possible 'fraud'

Bulls investigating possible 'fraud'
Fri 12 Apr 2019 | 04:01
Bulls investigating possible 'fraud'

NEWS: The Blue Bulls Company are investigating the possibility of fraud by a former employee.

In a statement to @rugby365com, BBC Chief Executive Officer Alfons Meyer confirmed that an investigation is underway.

“The Blue Bulls Company acknowledges that we are aware of allegations of fraudulent activity against former BBC employee and high-performance manager Xander Janse van Rensburg,” Meyer said in a terse statement.

He revealed that it is a broad investigation into allegations of fraud.

Meyer declined to elaborate on the details of the investigation, but said it involves a “broad range” of issues.

Bulls statement on possible-fraud

However, unconfirmed rumours suggested it involves the payment of players at ‘above market’ rates and ‘kick-backs’ involving agents.

Some reports suggested it could involve criminal charges, but Meyer said he was “not aware” of criminal charges at this stage.

He referred @rugby365com back to his statement.

“More than that I can’t comment,” the BBC CEO said.

The Bulls’ equity partner, Remgro, has been dragged into the investigation through their 50 percent shareholding in the BBC.

Janse van Rensburg was not immediately available for comment, but we will publish his reaction as soon as it becomes available.

By Jan de Koning

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Bulls Rugby News: Dramatic Revelations Of Possible 'fraud' Investigation | Rugby365