Kids' Company trustees were too cosy
We mentioned yesterday the role of the Kids’ Company Trustees, pointing out that “Trustees are supposed to act like Non-Executive Directors”. Yentob, we said, was obviously too close to the charity, having been chairman of the trustees for 18 years – far too long.
We concluded that there should be a maximum term for charity trustees of five years.
Today the FT writes one of its methodical editorials, focusing on the role of trustees at the charity, and Alan Yentob in particular, concluding
It is time Mr Yentob and his colleagues explained what they did, and did not do, in the case of Kids Company’s collapse.
But of course the collapse was only the end game. What did the trustees do, and not do, over the previous years?
In the light of events, how can we not conclude that Alan Yentob did not do his job? There’s no reason to think he was financially corrupt, but he was negligent and morally corrupt for taking the role, keeping it for far too long, and not doing the job. He emerges as an advocate for the charity rather than a watchdog.
We commented yesterday on Richard Handover, Vice Chairman of the trustees:
The trustees included ex-WH Smith chief executive Richard Handover, who should surely have known what was required. He has sullied his record.
Just how badly sullied we can now start to see, thanks to the Daily Mail, which reports on Handover children employed by the charity – yes, not one, but two children. Daughter Sasha does not seem to worked there full time 9 to 5. Doubtless she enjoyed her fundraising exploits, but her efforts raised less than her salary.
A Kids’ Company spokesman still sees nothing wrong in employing them.
Handover senior was a trustee for ten years. As a former boss of W H Smith he understood the principles of finance. Yet he connived at the charity continuing with inadequate reserves, despite successive years’ accounts saying that the issue would be addressed. Meanwhile, the charity gave enjoyable employment to two of his three children.
Charities should be austere places to work. Trustees should be vigilant. Yentob – from high up in the the free-spending BBC – and Handover failed in their duties.
Source: http://thepurplescorpion.blogspot.com/2015/08/kids-company-trustees-were-too-cosy.html
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Please Help Support BeforeitsNews by trying our Natural Health Products below!
Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST
Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!
HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.
Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.
MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser! Cleans out toxic buildup with oxygen!
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover - Reduces Smart Meter radiation by 96%! (See Video).