皇冠体育app

皇冠体育app Charity Commission has launched an inquiry into to investigate potential conflicts of interest and possible mismanagement of funds.

My Space Housing Solutions provides supported accommodation to vulnerable individuals who have been unable to secure tenancies.

皇冠体育app charity had been the subject of a regulatory compliance case which opened in July 2022 and a books and records inspection was conducted in late August 2022.

皇冠体育app regulator has identified that from April 2015, 拢1,098,538 of the charity鈥檚 funds has been paid to 9 individuals who were serving as trustees at the time the payments were made. 皇冠体育appse payments raise concerns about conflicts of interest and an inquiry has been launched to assess potential misconduct and mismanagement.

皇冠体育app inquiry will examine the administration, governance and management of the charity and in particular:

• Conflicts of interest and connected party transactions
• Whether the charity has suffered a financial loss as a result of any misconduct or mismanagement of funds.

Notes to editors:

1. 皇冠体育app Charity Commission is the independent, non-ministerial government department that registers and regulates charities in England and Wales. Its purpose is to ensure charity can thrive and inspire trust so that people can improve lives and strengthen society.
2. 皇冠体育app Commission identifies and investigates apparent misconduct or mismanagement in the administration of charities and works to resolve issues of concern.
3. 皇冠体育app Commission has not made any conclusions and the opening of the inquiry is not a finding of wrongdoing.
4. 皇冠体育app Commission is aware of the BBC Panorama investigation into MySpace Housing. Regulatory concerns were already under investigation by the Commission when this was broadcast.