Colin Ingram-Moore, trustee of the Captain Tom Foundation, faces investigation over concerns of financial mismanagement. Two of his businesses were liquidated with debts of £3.9 million. The foundation is set to close amid controversy surrounding the Ingram-Moore family's treatment of Captain Tom's legacy.
Colin Ingram-Moore is married to the daughter of the late fundraising hero, whose foundation in her father's name is being investigated by the Charity Commission over concerns of financial mismanagement.Mr Ingram-Moore, who is a trustee of the foundation, has been a director of 51 companies.Two businesses that he set up were liquidated owing a total of £3.9 million in debts to HMRC and to small suppliers, the Sun reported.
The Captain Tom Foundation is set to close, with a lawyer admitting it was "unlikely" to continue after the Charity Commission probe.Meanwhile earlier this month Hannah Ingram-Moore revealed she kept the profits - £800,000 from her father’s three books.She said her father wanted them to keep the money and that there had been no agreement with him that it would go to charity.
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