Union launches investigation into unaccounted for money

Leeds University Union (LUU) has launched an investigation after a sum of money has been discovered to be unaccounted for.

This is the first time LUU has had to deal with a financial loss outside of its normal procedures.

In an e-mail sent on Thursday, all students were informed of the discrepancy and assured that no clubs, societies or individuals would be affected by the loss.

Speaking to Leeds Student, Antony Haddley (Union Affairs Officer) confirmed that an internal and external investigation have now been launched, involving the Union’s auditors and trustees.

Haddley told this paper that the sum in question could not be confirmed until the investigation is complete but said “we consider any loss to be worthy of an investigation.” He has urged students to contact him personally if they are concerned.

No current LUU staff member or volunteer has been found guilty of any misconduct in relation to the discrepancy and there is no evidence to suggest that any theft has taken place within the Union.

Leeds Student will be launching its own investigation into the Union’s financial conduct in October.