Currency Converter

Enter amount in full numerical value, without currency symbol or commas (ex: 3000000).

From:
To:
 

SBD Global/June 26, 2013/Leagues and Governing Bodies

Lawn Tennis Association Distances Itself From Financial Scandal At Yorkshire LTA

The "dysfunctional Lawn Tennis Association, having to explain another dismal Wimbledon for British players," is trying to distance itself from a financial scandal at county level, according to Charles Sale of the London DAILY MAIL. The Yorkshire LTA has "severed connections with treasurer David Rainey after an investigation by auditors discovered a six-figure sum had gone missing from the accounts." Rainey "was running the finances of the county association despite having been suspended as treasurer by Doncaster Lawn Tennis Club, where club members were told at their annual meeting he was using club money for 'his own purposes.'" Rainey, 58, said at the time, "It is correct I have been suspended and it is correct that £40,000 has been repaid with interest." A Yorkshire LTA statement said, "We have established that misappropriation of some of our funds had taken place. The loss, although extremely regrettable, will not impair the governance and promotion of tennis in Yorkshire" (DAILY MAIL, 6/24).
Return to top
Video Powered By - Castfire CMS Powered By - Sitecore

Report a Bug