RIBA celebrates as police drop £1.1m fraud probe

RIBA's 66 Portland Place headquarters

Police confirm they are no longer investigating Owusu’s complaint

RIBA president Ben Derbyshire has welcomed the news that the police have closed their investigation into fraud allegations made by his would-be successor Elsie Owusu.

The fraud squad has concluded that the complaint – that the institute mislaid £1.1m of members’ funds – was a civil matter and has dropped the case.

A City of London Police spokeswoman said: “This was reviewed by the National Fraud Intelligence Bureau and it is considered to be a civil matter. For this reason it will not be sent to a police force to be investigated.”

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