The Charity Commission has appointed an interim manager to a Welsh animal rescue charity after concerns were raised about its management and governance.
According to the commission’s statement, made last year when it announced the opening of the inquiry, the charity had been the subject of complaints from the public, as well as media and parliamentary interest.
The inquiry is examining regulatory issues including inadequate financial controls, failure to safeguard and properly account for the charity’s assets, potential unauthorised trustee benefit and the trustees’ failure to act on regulatory advice, the commission said last year.
Guy Hollander of the accountancy firm Mazars will take over as interim manager of the charity to the exclusion of the trustees, the commission said today, and will take full control of the charity’s day-to-day management and administration.
The commission said that part of Hollander’s duties would be to establish the charity’s viability and "determine the most appropriate option regarding its future".
According to the Charity Commission website, the charity had an income of £249,778 and spent £262,724 in the year to 31 December 2016.
The charity has been late filing its accounts in each of the past five years, the website shows.
Capricorn Animal Rescue and Sanctuary was also one of the top ten most complained-about charities in England and Wales in 2015, figures from the Charity Commission showed.
Harvey Grenville, head of investigations and enforcement at the Charity Commission, said: "We are not satisfied that the current governance procedures and practices are working properly, or are likely to be rectified by the trustees.
"A decision by the Charity Commission to appoint an interim manager is not taken lightly and reflects the seriousness of our regulatory concerns."