Ryerson demands meeting with student union over questionable purchases on union’s credit card

Published On January 28, 2019 | By ketteliawright | News

Ryerson University to meet with the student union to discuss credit card spending. (Ryerson Student Union)

Kettelia Wright

The Ryerson university student union president, Ram Ganesh, has five days to explain a $250,000 credit card statement showing questionable purchases at nightclubs and many other places.

The university issued a statement following an article in the Ryerson newspaper “The Eyeopener” reporting expenses such as $2,507.18 at a Cineplex Rec Room,  over $500 on Airbnb, and thousands of dollars on nightclubs in downtown Toronto and Mississauga. The statement shows over $10,000 was spent in the month of October alone.

“Ryerson has learned of allegations of financial mismanagement involving the administration of the Ryerson Student Union (RSU). Ryerson takes these allegations very seriously,” according to the statement issued by Ryerson University.

RSU financial statements obtained by The Eyeopener. (Facebook/Rhino Party)

Johanna VanderMaas, Ryerson’s manager of public affairs, said the president of the university wrote to RSU executives demanding a meeting.

“Protecting the interest of Ryerson students is of primary concern to the university. Given the seriousness of these allegations, President (Mohamed) Lachemi has written to the RSU executives to request a meeting to discuss this matter.”

Matthew Graystone a third-year Ryerson student, and president of the Concert Band Association receives funding from the student union each semester. His relationship with RSU and its executives has been overwhelmingly positive, and for him this comes as a shock.

“I was so surprised to see all the purchases made, I think the spending needs to be justified,” Graystone said.

Other Ryerson students are in shock and expressing it on social media.

If found guilty, Greystone said the Concert Band Association is expecting consequences for the executives.

“If he’s not able to defend his spending  and the policies are being broken, he should be held accountable for his actions, he should be taken out of his position, and there should be legal action taken because you can’t get away with spending that amount of money,” Graystone said.

RSU President Ram Ganesh, and VP Savreen Gozal are now suspended until the meeting on Friday.

Leave a Reply

Your email address will not be published. Required fields are marked *