Luke Priddis Charity Faces Audit 2009: Footballer Luke

Luke Priddis charity faces audit

FOOTBALLER Luke Priddis has been interviewed by government investigators as part of a comprehensive audit of compliance and accountability at his charitable foundation.
The Office of Liquor, Gaming and Racing is auditing all facets of the Luke Priddis Foundation, which has raised more than $540,000 in the past three years, but distributed only $46,000 to needy children. The charity says it is holding $350,000 in funds, but has not shown The Sunday Telegraph bank statements despite being asked repeatedly. Priddis was interviewed for the audit last week, after an investigation by The Sunday Telegraph in March revealed the foundation had spent one-third of the money donated on administration and running events such as dinners, lunches and golf days. The OLGR administers charities and this is the most comprehensive type of audit it conducts. Just 20 to 30 charities of the 5000 registered in NSW are subject to such audits each year. The length of the audit will depend on the degree of professionalism and record-keeping at the foundation, an OLGR spokesman said. “This comprehensive audit will examine all facets of the charity’s operation and management to assess compliance with the Charitable Fundraising Act and best practice standards,” OLGR spokesman Mark Nolan said. “It will include an on-site visit, interviewing charity representatives, and examining books and records including bank statements.
“The audit will examine all fundraising appeals and events including funds raised, expenses, and banking, record keeping and accountability practices.”

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