The founder and former trustees of the collapsed charity Kids Company could be banned from holding company directorships.
The youth organisation folded amid a storm of controversy in August 2015 just days after receiving a £3 million Government grant in a final bid to keep it afloat.
Kids Company received more than £42 million of Whitehall funding between 1996 and 2015, thanks in part to founder Camila Batmanghelidjh winning favour with former prime minister David Cameron.
The Insolvency Service is investigating the financial circumstances of the charity and is allegedly bringing disqualification proceedings against Ms Batmanghelidjh.
Read the full article at: http://www.dailyecho.co.uk/news/national/15243324.Kids_Company_founder_and_trustees_may_face_action_amid_Insolvency_Service_probe/