Yes, the Foundation is closing, but all of us will continue to make a difference to children in need,' said Warne in his Facebook post.
The Australian leg-spinner announced the foundation's closure on his Facebook page.
Melbourne: Australian cricket great Shane Warne says he is closing the charitable foundation that bears his name after "unwarranted speculation" over its financial management.
Warne announced the foundation's closure on his Facebook page on Friday.
In response to recent, unwarranted speculation about The Shane Warne Foundation and its distribution of funds, we...
Posted by Shane Warne on Thursday, 28 January 2016
Warne said "in response to recent, unwarranted speculation about The Shane Warne Foundation and its distribution of funds, we confirm we have distributed $3.67 million to date with an additional and final substantial check to be distributed on March 18, 2016."
The Shane Warne Foundation is to be audited by the Consumer Affairs department of Victoria state.
( Source : AP )
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