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Updated: 11:18 AM Jun 21, 2009
KSU Wefald Audit: A Closer Look
13 News told you about the confidential audit into Kansas State as President Jon Wefald wrapped up his tenure. Now we take a deeper look at the numbers.
Posted: 2:36 PM Jun 20, 2009Reporter: Brian Quick Email Address: brian.quick@wibw.com |
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4 Comments 
Topeka, KANSAS (WIBW) -- Kansas State supporters are still trying to determine what to make of a Board of Regents report indicating some questionable practices at the university.
This after an "exit audit" by the Board as Jon Wefald ends his tenure as university president. While Wefald's audit found no illegal activity, it did raise several red flags.
The school could not account for payments totaling $845,000 to football coach Bill Snyder, Vice President for Institutional Advancement Bob Krause and former Athletic Director Tim Weiser.
The report also indicates Krause wore too many hats, and a great deal of oversight and responsibility rested solely in his lap.
There were also multiple instances in which the university may have paid the same bill twice. There was also a time in which discretionary funds from the president and vice president's offices were used to cover a deficit owed to the KSU Student Assistance Foundation.
With all of these irregularities, the report states the I.R.S. may want to take a deeper look, which could end up having the biggest impact on Kansas State.
Click on the video to find out what Wefald friend Senator Sam Brownback has to say about the situation.
Latest Comments
Greed and political power will be the downfall of Wefald, Krause, Glasscock (thank God he was defeat at the State level).
As a current student I find this deeply troubling. I am too far into my degree to leave for another university. Until civil and criminal liability concerns have been resolved, I could not see contributing to KSU as an alum without concern that the money was going to be wasted lining someone's pockets. The figure$ themselves are not exactly staggering, but the systemic draining of funds from taxpayers or backers strikes a strong chord. Wefald is hailed for his leadership, but that same leadership was lacking badly. This was not a one time issue. There are multiple incidences over years. Wefald, Krause, and company should all be examined for complicity and culpability. Some of the nicest people you meet will con you out of your last dollar and then some. The IRS and state should be all over this. Perhaps they already are. It is time to move past the hand wringing and groaning. I smell the need for a grand jury and public disclosure of the findings.
KSU has completed Audits every year and it never made the news. Now with the audit specific on this one individual, you are looking at things over 7 years old that have aged out of the record keeping requirements and condeming him on that. Next person better count legal fees for self protection in on his compensation package. There is no point in doing your best anymore, you are a victim of the negativism of the masses when you leave
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