KC Star: Regents audit of K-State finds pattern of questionable financial practices
A 34-page audit released by the Kansas Board of Regents on Friday outlines years of questionable payments, potential conflicts of interest, poor accounting and possible tax problems for Kansas State University, several of its former employees and the athletic department.
The report – prepared by the Grant Thornton LLP accounting firm – details previously unknown payments of tens of thousands of dollars to separate companies owned by head football coach Bill Snyder, former athletic director Tim Weiser, and Bob Krause, former athletic director and former vice president for institutional advancement.
Related Posts:
- AP: Kansas State University contests secret Ron Krause-Ron Prince deal
- Editorial — Take our poll. Do Kansas politicians deserve to be recalled for wasting tax dollars on lobbying during an economic crisis?
- Kansas Board of Regents perform audio, then claim exemption from Kansas Open Records Act
- Kansas State to give athletic director bonuses if teams are successful
- KMBC – KC Expected To Get 2012 All-Star Game, MLB Commissioner Bud Selig To Make Announcement Wednesday Night
Tags: Grant Thornton LLP
