The charity aims to provide financial support to air ambulance services throughout England and Wales.
Using its regulatory powers, the Commission assessed the charity's banking records and asked the trustees to evidence how certain payments were in furtherance of its objects. When they failed to do so the regulator opened the inquiry and used its powers to protect the Charity's assets by freezing the charity's bank account.
The inquiry will examine the administration, governance and management of the charity, in particular:
- Whether the trustees can fully account for the charity's expenditure,
- If expenditure has been in furtherance of the charity's objects.
The Commission may extend the scope of the inquiry if additional issues emerge.
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