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A PROBE into Kids Company will examine the collapsed charity’s financial management and governance, the Charity Commission announced yesterday.
The commission said it would also investigate concerns about Kids Company administration following “intense public scrutiny and speculation” over how it was run.
Kids Company closed on August 5 amid allegations of financial mismanagement, drug taking and mishandled sexual abuse.
Founder Camila Batmanghelidjh said she had been targeted due to her knowledge of Establishment sex abusers.
A Charity Commission spokeswoman said: “The commission has now formalised its engagement in a statutory inquiry in order to investigate and put on the public record whether or not these allegations are found to be true.”
