Monday, 31 July 2017

Founder and former trustees of Kids Company face bans of up to six years after investigation



The founder and former trustees of Kids Company are facing company directorship bans of up to six years following a Government investigation into the charity’s collapse.
 
Sky News can reveal that the Government's Insolvency Service has informed the former board members of Kids Company - who include Alan Yentob, the ex-BBC creative director, and Richard Handover, a former boss of WHSmith - that it will bring proceedings to seek their disqualification.


In total, nine former directors are facing bans of between two-and-a-half years and six years, the Insolvency Service confirmed after an inquiry by Sky News.


Camila Batmanghelidjh, Kids Company's founder, was not a director at the time of the charity's demise in 2015, but the Insolvency Service proceedings will allege that she was a de facto board member and should therefore be subject to the same effort to disqualify her.


In a statement, a spokesman for the Insolvency Service said: "We can confirm that the Insolvency Service has written to the former directors of Keeping Kids Company informing them that the Business Secretary intends to bring proceedings to have them disqualified from running or controlling companies for periods of between two-and-a-half and six years.


"As this matter will now be tested in the court it is not appropriate to comment further."




BBC      News.