South Africa Rugby has posted a 12.8million rand ($2.2million) loss for 2004.
President Brian van Rooyen has already hired accounting firm KPMG to complete a "forensic audit", reports RUGBYeNEWS.com
On Thursday last week it was suggested that the significant loss was partly because of payouts totaling 5.5million rand ($922,000).
Severance packages were handed out to officials such as former SA Rugby managing director Rian Oberholzer and former coach Rudolf Straeuli.
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