snuffy
06-21-2009, 10:19 AM
More under-the-table woes for K-State?
http://www.fannation.com/truth_and_rumors/view/107356-more-under-the-table-woes-for-k-state
* 09:48 AM ET 06.21
A scathing audit of Kansas State University reveals a pattern of undisclosed payments, conflicts of interest, poor accounting and possible tax problems for the school, several of its former employees and its athletic department. The audit, released by the Kansas Board of Regents on Friday, describes thousands of dollars paid to companies owned by current and former university employees. They include head football coach Bill Snyder; former athletic director Tim Weiser; and Bob Krause, a former vice president for institutional advancement and former athletic director. Auditors found that some of those payments could result in additional tax liability for the university and may violate Internal Revenue Service regulations.
Kansas City Star
http://www.fannation.com/truth_and_rumors/view/107356-more-under-the-table-woes-for-k-state
* 09:48 AM ET 06.21
A scathing audit of Kansas State University reveals a pattern of undisclosed payments, conflicts of interest, poor accounting and possible tax problems for the school, several of its former employees and its athletic department. The audit, released by the Kansas Board of Regents on Friday, describes thousands of dollars paid to companies owned by current and former university employees. They include head football coach Bill Snyder; former athletic director Tim Weiser; and Bob Krause, a former vice president for institutional advancement and former athletic director. Auditors found that some of those payments could result in additional tax liability for the university and may violate Internal Revenue Service regulations.
Kansas City Star