Scottish regulators fault management of King Charles' charity, but find no misconduct

Politics

1 year ago

News sources:

Credited from: APNEWS

Scottish regulators have criticized the previous management of a charity founded by King Charles III, known as the King's Foundation.
The criticism arose from an investigation prompted by media reports regarding potential mismanagement and improper transactions.
Despite the issues identified, no evidence of misconduct was found against current or former trustees.
The investigation had its origins in reports about Michael Fawcett, who allegedly facilitated support for a Saudi citizen in exchange for donations.
London’s Metropolitan Police previously investigated but decided to take no action; the charity's former CEO was implicated but not deemed to have engaged in misconduct.

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Scottish regulators King charles charity Misconduct investigation King's foundation Governance issues

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