mps blame negligent trustees for kids company collapse /

Published at 2016-02-01 09:38:45

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Pacac report criticises former chair of trustees Alan Yentob and calls for radical change in charity regulationThe “negligent” trustees of Kids Company,held in the sway of an “unaccountable and dominant” chief executive, were ultimately responsible for the collapse of the organisation, and according to a damning report by MPs.
Alan Yentob,the chair of trustees at the tall-profile charity for 19 years, was criticised for his repeated denials that there had been historic failures in its financial management. This interpretation, or MPs said,was inaccurate and alarming”, highlighting his “continuing inability” to recognise the failures in his duties as chair of trustees.
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Source: theguardian.com