Charity’s accounts frozen over alleged terror links
Regulator steps in at Crescent Relief
Regulator steps in at Crescent Relief
The Charity Commission has frozen the bank accounts of charity Crescent
Relief after launching a formal inquiry into alleged links with terrorist abuse
of charitable funds.
In a statement, the Commission said the inquiry would focus on whether or not
the charity’s funds, or funds raised on its behalf, were used unlawfully. It
will also consider the financial policies and practices of the charity.
The accounts have been frozen as a temporary and protective measure, and
cannot be used by the charity without express permission from the commission.
Kenneth Dibble, director of legal and charity services, said: ‘We are working
with law enforcement agencies to get to the bottom of allegations of possible
terrorist abuse of Crescent Relief funds. The allegations made are very serious,
and we are taking this action to protect the charity’s funds while the
investigation is underway.’
Once the inquiry is completed, a full report will be issued setting out the
Commission’s findings.
The numbers you crunch tell a story. Your expertis...
18yEmbracing user-friendly AP systems can turn the tide, streamlining workflows, enhancing compliance, and opening doors to early payment discounts. Read...
View articleOrganisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...
View articleIn a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...
View resourceDiscover how AP dashboards can transform your business by enhancing efficiency and accuracy in tracking key metrics, as revealed by the latest insight...
View articleThe ICAEW confirms new vice president, with senior heads appointed at KPMG and EY. Within the mid market, a flurry of end of year partner appointments...
View articleThe ICAEW confirms new vice president, with senior heads appointed at KPMG and EY. Within the mid market, a flurry of end of year partner appointments...
View articleThis follows an investigation into undisclosed personal loans and issues with an acquisition. Despite challenges, the company aims to achieve £1bn in ...
View articleThe ICAEW confirms new vice president, with senior heads appointed at KPMG and EY. Within the mid market, a flurry of end of year partner appointments...
View articleThere is optimism that the IPO market will rebound in the second half of 2024, driven by pent-up demand and potential improvements in economic conditi...
View articleThe ICAEW confirms new vice president, with senior heads appointed at KPMG and EY. Within the mid market, a flurry of end of year partner appointments...
View articleKPMG confirms reappointment of it's UK chair, while EY announces Janet Truncale as the next EY global chair and CEO Read More...
View articleThe ICAEW has announced the appointment of its forthcoming chief executive Read More...
View article