The Charity Commission has appointed an interim manager at Capricorn Animal Rescue and Sanctuary amid concerns about the charity’s governance and management.
Interim managers are appointed to take over the running of a charity where the Commission has identified misconduct or mismanagement, or if there is a need to protect the charity’s property.
The Commission had previously opened a statutory inquiry into the charity in February 2017, in order to assess regulatory concerns about whether the governance of the charity, potential unauthorised trustee benefit and whether the trustees have properly exercised responsibilities under charity law – particularly their duty to account for the charity’s funds.
The regulator has appointed Guy Hollander of Mazars as an interim manager, who will take on full control of the day-to-day management and administration of the charity from the current trustee until the Commission makes a further order.
Commenting on the appointment, Charity Commission head of investigations, Harvey Grenville said the regulator is “not satisfied” that the current governance procedures and practices are working properly, or are likely to be improved by the existing trustee board.
“A decision by the Charity Commission to appoint an interim manager is not taken lightly and reflects the seriousness of our regulatory concerns,” he added.
Part of the interim manager’s duties will be to establish the viability of the charity and determine the most appropriate option regarding its future.
The commission’s investigation continues.
Recent Stories