Google Maps
Share

Charity regulator freezes bank account of London church over 'serious' money concerns

The bank account of a church in south London has been frozen under an investigation into its finances by the charity watchdog for England and Wales.

The Charity Commission said it had "serious" concerns about the financial information it had received from Croydon Tabernacle - a registered charity.

In a statement released on Tuesday, officials said: "The Commission examined the charity's financial information and found cause for serious regulatory concern.

 

"This included substantial unexplained expenditure and potentially conflicted payments to people connected with the charity.

"As a result of its concerns, the Commission has frozen a bank account controlled by the charity."

The Charity Commission placed Croydon Tabernacle under statutory investigation, saying previous "engagement" with the church since November 2016 "did not resolve the regulatory concerns".

Investigators shall examine where misconduct, poor administration, breaches of trust or non-compliance with charity law have taken place.

A Croydon Tabernacle spokesman told Premier in a statement: “Our Board of Trustees has received a notice of statutory inquiry from The Charity Commission. We have been assisting fully with their inquiries and, under their guidance, we will take appropriate action to make sure we are compliant."

“We would like to thank our tireless army of volunteers for their hard work within our congregation, our local community and far beyond. We appreciate their patience and understanding while this inquiry takes place.”

The church is part of the Nigeria-founded Redeemed Christian Church of God movement.

The Commission will publish a report detailing its findings in due course.

Stay up to date with the latest news stories from a Christian perspective. Sign up to our daily newsletter and receive more stories like this straight to your inbox every morning.



« Back to the last issue

comments powered by Disqus
You may also like...

The independent regulator of charities in England and Wales,... More

A Christian charity working with drug addicts in Birmingham is... More

UK

The Charity Commission has closed an investigation into the financial... More

UK

The Bishop of Durham has given his support to efforts to end... More

UK