Police probe reports of fraud at students' association
The inquiry is understood to centre on Ausa's former chief executive Jacqueline McKay.
An investigation is under way into reports of fraud at Aberdeen University Students' Association.
The inquiry is believed to centre on former chief executive Jacqueline McKay, whose contract was terminated in January.
The scale of the investigation is unclear but it is understood the amount of money involved could be up to £40,000.
Ms McKay joined Ausa in June 2014 and previously worked as chief executive of Perth Concert Hall and the Byre Theatre in St Andrews.
She was involved with a £10m project to build a new student union for the university during her time in Aberdeen.
An interim chief executive was appointed in February and they are expected to stay in the job for at least six months.
A Police Scotland spokeswoman said: "We have received a report in connection with allegations relating to fraudulent financial activity at Aberdeen University Students' Association. Enquiries are ongoing."
A spokesman for Aberdeen University said: "It would be inappropriate to comment while an investigation is ongoing.
"Ausa is an autonomous charity which represents the student community of the University of Aberdeen, and the university is providing ongoing support to ensure it continues its work enhancing the student experience at Aberdeen."
An Ausa spokesman said: "We reported concern to Police Scotland relating to a staff member who is no longer employed by the organisation.
"We understand that police enquiries are on-going and will make no further comment on the matter at this time."
Ms McKay could not be reached for comment.