EGN NEWS DESK
The charity regulator for England and Wales has launched a statutory inquiry right into a charity that helps persecuted Christians.
The Charity Commission stated it had recognized a number of “severe considerations” concerning the compliance of Barnabas Aid – additionally referred to as Barnabas Fund – with charity regulation and its use of charitable funds.
The inquiry will examine allegations of unauthorised funds to present and former trustees, in addition to to associated events.
In addition to contemplating considerations round spending data and “doable unmanaged conflicts of curiosity”, the inquiry may even “discover the affect of non-leaders on decision-making”.
Other areas to be considered are allegations that the charity’s founders could exert inappropriate management or affect over its operations, and questions as as to whether its present construction and relationship with a US subsidiary referred to as Nexus are “in the perfect pursuits of the charity”.
The inquiry was launched final month however solely formally introduced in the present day. The Commission had earlier opened a regulatory compliance case into the charity however escalated it to an inquiry because of the considerations.
As a part of its investigation, the Charity Commission has briefly restricted Barnabas Fund’s means to make transactions over £4,000. It stated the measure had been put in place “to guard the charity’s important revenue and belongings”, which the Commission stated amounted to greater than £21 million.
