AN OFFICIAL report into the sudden collapse of a successful Merseyside drugs charity cleared management of any deliberate financial misuse.
The Lighthouse Project collapsed amid debts of close to £2m in September last year, putting 250 jobs under threat.
Grant Thornton were asked to probe why the organisation had shut down with arrears.
Today, the accountants told the Daily Post they had found no evidence of any fraudulent actions within the company.
But they have made a number of recommendations to the Department for Trade and Industry (DTI).
That advice is confidential, but it is understood to have revolved around directors’ conduct at the Lighthouse Project leading up to the collapse.
It is up to the DTI if they take action, but the government body only pursues recommendations in one out of five cases.
During the investigation, significant arrears were identified of PAYE and VAT payments which had built up over a period of up to three years.
