Commission safeguards assets of nearly £20m

The Association for Charities has paid a rare compliment to the Charity Commission, after the commission published a report stating that it safeguarded assets approaching £20m last year by installing receivers and managers at six charities.

The commission puts receivers and managers in interim control of a charity when there are serious concerns about how the organisation is being run.

In the biggest case of 2004/5, the commission safeguarded £19.5m belonging to Christian charity the King's Ministries by installing personnel from KPMG at a cost to the charity of £200,000.

John Weth, chairman of the Association for Charities, said: "We have expressed concerns about aspects of receiver and manager appointments.

We trust that with the tightening of lines of accountability within the commission, and the close attention being paid to the monitoring of interim managers, we shall see far fewer - if any - causes for concern."

Andrew Hind, Charity Commission chief executive, said: "We want to be wholly transparent about the facts surrounding receiver and manager cases."

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