RIBA investigated by fraud squad

By 2018-07-30T09:48:00

RIBA's 66 Portland Place headquarters

Presidential hopeful Owusu made complaint over ‘missing £1.1m’

The fraud squad is investigating the RIBA over a complaint made by one of the people hoping to be its next president.

Elsie Owusu accused the institute of mislaying £1.1m of members’ funds. Her complaint relates to a loan taken out in 2013 to lease and refurbish 76 Portland Place as offices for its staff.

The City of London Police confirmed the complaint was now being assessed by its National Fraud Intelligence Bureau.

…

This content is available to registered users | Already registered?Login here

You are not currently logged in.

To continue reading this story, sign up for free guest access

Existing Subscriber? LOGIN

REGISTER for free access on selected stories and sign up for email alerts. You get:

  • Up to the minute architecture news from around the UK
  • Breaking, daily and weekly e-newsletters

 

Subscribe to Building Design and you will benefit from:

Gated access promo

  • Unlimited news
  • Reviews of the latest buildings from all corners of the world
  • Technical studies
  • Full access to all our online archives
  • PLUS you will receive a digital copy of WA100 worth over £45

Subscribe now for unlimited access.