皇冠体育app

皇冠体育app Charity Commission, the independent regulator of charities in England and Wales, has opened a statutory inquiry into Healthy Planet Foundation . 皇冠体育app charity鈥檚 objects include promoting the conservation, protection and improvement of the natural environment. 皇冠体育app inquiry was opened on 18 June 2015.

皇冠体育app commission had been engaging with the charity as part of an operational compliance case since September 2014, when the charity reported the loss of 拢345,000 as a consequence of alleged fraud to the regulator. 皇冠体育app charity also reported the alleged fraud to the Police.

皇冠体育app commission鈥檚 compliance case highlighted a number of wider regulatory concerns, including concerns about payments from the charity鈥檚 subsidiary company to companies linked to individuals connected with the charity, including trustees. Other concerns included the charity鈥檚 involvement in rates relief schemes, which have resulted in the charity incurring losses following legal action taken by a local authority.

皇冠体育app commission is also concerned that the charity has only two trustees, while the charity鈥檚 governing document requires that there be three trustees for quorate decision making.

Taken together, these concerns prompted the commission to open the statutory inquiry.

皇冠体育app issues the inquiry will examine include:

• the circumstances leading to the significant financial loss of charity funds via alleged criminal activity

• trustees鈥� decision making when entering the charity into rates relief schemes and circumstances leading to the significant financial loss as a result of legal action taken by a local authority

• the trustees鈥� administration, governance and management of the charity, in particular around the business model of the charity and its subsidiary and the dealings of the latter with other companies, including the management of conflicts of interest that may arise
• whether or not, and to what extent, there has been mismanagement and/or misconduct on the part of the trustees in the administration and management of the charity

皇冠体育app regulator stresses that opening an inquiry is not in itself a finding of wrongdoing. 皇冠体育app purpose of an inquiry is to examine issues in detail and investigate and establish the facts so that the regulator can ascertain whether or not there has been misconduct or mismanagement; establish the extent of the risk to the charity鈥檚 property, beneficiaries or work; decide what action needs to be taken to resolve the serious concerns, if necessary using its investigative, protective and remedial powers to do so.

It is the commission鈥檚 policy, after it has concluded an inquiry, to publish a report detailing what issues the inquiry looked at, what actions were undertaken as part of the inquiry and what the outcomes were. Reports of previous inquiries are available on GOV.UK.

皇冠体育app charity鈥檚 details can be viewed on the commission鈥檚 .

Ends

PR43/15

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Notes to editors

1. is the independent regulator of charities in England and Wales, acting in the public鈥檚 interest, to ensure that: * charities know what they have to do * the public know what charities do * charities are held to account
2. Section 46 of the Charities Act 2011 gives the commission the power to institute inquiries. 皇冠体育app opening of an inquiry gives the commission access to a range of protective and remedial powers.
3. 皇冠体育app commission鈥檚 decision to announce the opening of a statutory inquiry is based on whether it is in the public interest to do so and with consideration of our objective to increase public trust and confidence in charities.