Legendary supermodel Naomi Campbell has been banned from serving as a charity trustee for 5 years following a U.Okay. watchdog investigation that uncovered proof of monetary misconduct at her charity, Trend for Reduction.
Although the group was billed as a charitable group that supplied grants to assist fund numerous environmental and humanitarian causes, officers stated the charity was “poorly ruled and had insufficient monetary administration.”
The U.Okay.’s regulatory Charity Fee launched an inquiry into Trend for Reduction in 2021 and printed a report of its findings on Thursday.
Funds that ought to have been used for charitable causes as an alternative paid for luxurious resort rooms, spa remedies, room service and cigarettes, the fee wrote. Between April 2016 and July 2022, the probe discovered solely 8.5 per cent of Trend for Reduction’s general expenditure was spent on charitable grants.
Campbell, 54, has not commented publicly on the report.
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On account of the misconduct, the fee barred Campbell and two others from future trusteeship.
Bianka Hellmich, additionally a Trend for Reduction trustee, was banned for 9 years after officers found she obtained £290,000 (about C$524,400) fee in unauthorized consultancy charges.
One other trustee, Veronica Chou, obtained a four-year ban.
The ban means Campbell, Hellmich and Chou can’t maintain any trustee place or senior administration position at a charity in England and Wales till their barring has lifted.
Officers stated they had been capable of recuperate £344,000 (about C$622,000) in misplaced charitable funds. A further £98,000 (almost C$177,200) was additionally protected, in keeping with the report. The cash was paid to 2 different charities: Save the Youngsters Fund and the Mayor’s Fund for London.
Campbell launched Trend for Reduction in 2005. The charity dissolved in March of this 12 months.
The Charity Fee’s assistant director for specialist investigations and requirements, Tim Hopkins, stated he was content material with the results of the investigation.
“Trustees are legally required to make selections which might be of their charity’s greatest pursuits and to adjust to their authorized duties and obligations. Our inquiry has discovered that the trustees of this charity failed to take action, which has resulted in our motion to disqualify them,” he stated. “I’m happy that the inquiry has seen donations made to different charities which this charity has beforehand supported.”
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