Charity regulator freezes bank account of London church over ‘serious’ money concerns

0
11

The Charity Commission said it had “serious” concerns about the financial information it had received from Croydon Tabernacle – a registered charity.

In a statement released on Tuesday, officials said: “The Commission examined the charity’s financial information and found cause for serious regulatory concern.

 

“This included substantial unexplained expenditure and potentially conflicted payments to people connected with the charity.

“As a result of its concerns, the Commission has frozen a bank account controlled by the charity.”

Premier has contacted the church – which is part of the Nigeria-founded Redeemed Christian Church of God movement – for a response.

The Charity Commission placed Croydon Tabernacle under statutory investigation, saying previous “engagement” with the church since November 2016 “did not resolve the regulatory concerns”.

Investigators shall examine where misconduct, poor administration, breaches of trust or non-compliance with charity law have taken place.

The Commission will publish a report detailing its findings in due course.

Stay up to date with the latest news stories from a Christian perspective. Sign up to our daily newsletter and receive more stories like this straight to your inbox every morning.

… Read More



Click Read More to read the rest of the story from our content source/partners – Premier Christianity News.

قالب وردپرس