The former directors at defunct charity Kids Company could be banned from running a company for a period of up to six years.
The Insolvency Service has announced its intention to bring proceedings against the nine former directors at Kids Company to have them disqualified from running or controlling companies for periods of between two-and-a-half and six years.
The proceedings name Sunetra Devi Atkinson, Erica Jane Bolton, Richard Gordonn Handover, Vincent Gerald O’Brien, Francesca Mary Robinson, Jane Tyler, Andrew Webster and Alan Yentob.
The former chief executive Camila Batmanghelidjh was not formally a director at the time the charity collapsed, however the proceedings will allege that she acted as a de facto director and should therefore also be disqualified from running or controlling other companies.
Kids Company closed in August 2015 following allegations of financial mismanagement at the hands of Batmanghelidjh.
A spokesperson for the Insolvency Service said: “We can confirm that the Insolvency Service has written to the former directors of Keeping Kids Company informing them that the Business Secretary intends to bring proceedings to have them disqualified from running or controlling companies for periods of between two-and-a-half and six years.
“As this matter will now be tested in the Court it is not appropriate to comment further.”
The intention to bring disqualification proceedings follow an investigation by the Insolvency Service, an executive agency of the Department for Business, Energy and Industrial Strategy.
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