Sydney’s Saint Ignatius College Riverview fires director over financial misconduct
Saint Ignatius Riverview is a Catholic boys school founded in 1880. (Supplied: Schools Guide)
One of Sydney’s most exclusive private boys schools has fired its head of fundraising over financial misconduct, an email to alumni has shown.
Saint Ignatius College Riverview said it recently sacked its director of advancement after admissions of financial misconduct.
The Office of Advancement manages fundraising and donations to the college and encourages “investment in its programs and initiatives”, according the college’s website.
In an email to former students on Wednesday, the college said it reported the matter to police and launched its own investigation.
“As these matters are subject to formal investigation, I know you will understand we are unable to disclose the detail of what is alleged to have occurred,” the email read.
“What I can say at this time is that the admissions made relate to specific financial transactions.
“We take our governance responsibilities very seriously, which is why we have taken immediate actions in response to this matter.”
The email was signed off by the college rector, the chair of the college and foundation boards and the acting principal.