RSU files police report in update to credit card scandal


(CUP) — The Ryerson Students’ Union has filed a report with the Toronto Police Service following allegations of financial mismanagement last year.

In January 2019, The Eyeopener obtained photos of financial statements showing food, clothing, alcohol and club purchases—some upwards of $2,000—with a credit card under the RSU president’s name.

The purchases that were made allegedly amount to $250,000, said then-student groups director Maklane deWever. 

The RSU later hired PricewaterhouseCoopers (PwC) to conduct a forensic audit to investigate allegations of “internal financial mismanagement,” according to a statement posted to Facebook

With the audit complete, the RSU said they filed a police report on Monday, which was confirmed by the Toronto Police Service in an emailed statement to The Eye

“Our role at this point is the report taker,” police constable Victor Paul Kwong wrote in the email. 

Kwong also said that the report will be assigned to an investigator “to determine where it goes from there.”

“We look forward to the Toronto Police Service becoming an important partner in our organization’s effort toward delivering justice to the students we represent,” wrote the RSU

The forensic audit and a report on the audit will be presented at the RSU’s upcoming Semi Annual General Meeting on Feb. 3. 

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Up ↑

%d bloggers like this: