“B.C. Finance Ministry investigating Kwantlen Student Association” is the CTV headline.

The ministry did not elaborate on the specifics of the conduct or alleged misappropriation it’s investigating, saying only that the action follows “a report from the registrar of companies to the minister of finance.”

“Action is being taken to protect the student association and its members pending the investigation,” the statement concludes.

CTV News has reached out to the KSA for comment on the provincial investigation, but has not received a response. This story will be updated if one is received.

This bit seems notable:

KPU vice-president of students Zena Mitchell sent a brief statement Friday night saying the university “welcomes” the government’s notice regarding the investigation.

The word “welcomes” does a lot of work here.

More background.