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if you can't get struck off as a director for running an insolvent charity for several years which underpins the local drug trade, I struggle to work out whether it;s ever possible. https://www.bbc.co.uk/news/magazine-34676281 https://twitter.com/AllieHBNews/status/1360233380160417792
The idea that the police were pursuing "unfounded" allegations is also deranged. (From nonsense passim: https://www.bbc.co.uk/news/uk-41644617 )
Truly, the official receiver
This should have been the easiest set of disqualification hearings in the history of insolvency law.
It is astonishing that a charity which had a bail-out for £4m in March 2015 and then had to go back to govt for another £3m in August has been retro-deemed sustainable. The Cabinet Office was demanding the chief exec resigned!?
The judgment's conclusion is that it was a sustainable business model because they were right that they could rely on govt bailouts: https://www.judiciary.uk/judgments/official-receiver-v-batmanghelidjh-others/
(It's not even an internally coherent judgment: they collapsed precisely because they couldn't rely on a govt bail-out.)
Ugh. It's been a long time since I stood with @aljwhite outside Kids Company one morning on Decima Street, trying to work out how many people were turning up - and watched staff/keyworker people selling drugs out of the front of the building.
Anyway, here's a long read, many years old now, on Kids Company. https://www.bbc.co.uk/news/magazine-34676281
More me, on a core reason why, contra the judge, it wasn't a sustainable charity: https://www.bbc.co.uk/news/uk-politics-34662014
More me, on why experienced funders thought it was a basketcase https://www.bbc.co.uk/news/uk-34508149
Anyway: this judgment is ludicrous.
