AUSTRALIAN_CRICKET

Shane Warne closes down charity foundation

Farid Khan - 29-01-2016 - View: 236

Media reports indicated that TSWF only passed on 16 cents of every dollar donated

Shane Warne closes down charity foundation

Cricket - Australia's cricket legend Shane Warne has closed down his charity foundation following "unwarranted speculation" that it had misappropriated funds. Warne, who bagged 708 Test wickets during his brilliant 15-year career, revealed that The Shane Warne Foundation (TSWF) would shut its doors, after the completion of an audit by Consumers Affairs Victoria (CAV). The foundation raises money for sick and underprivileged youth. It attracted the CAV after it failed to file its annual statement, a legal requirement for all Australian charities, last year. 

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