Fraud Allegations and Closure
In 2010, following accounting irregularities noted by the auditor, it was reported that the Metropolitan Police Economic and Specialist Crime Command had begun an inquiry into alleged fraud.
On 30 April 2010, just four days after the arrests, the FIH announced that it would close, dubiously claiming that it "has achieved its key objective of promoting the use of integrated health." The Foundation later stated that its plans to close had been brought forward by the fraud allegations.
Read more about this topic: The Prince's Foundation For Integrated Health
Famous quotes containing the word fraud:
“There exists in a great part of the Northern people a gloomy diffidence in the moral character of the government. On the broaching of this question, as general expression of despondency, of disbelief that any good will accrue from a remonstrance on an act of fraud and robbery, appeared in those men to whom we naturally turn for aid and counsel. Will the American government steal? Will it lie? Will it kill?—We ask triumphantly.”
—Ralph Waldo Emerson (1803–1882)