RIBA investigated by fraud squad

By Elizabeth Hopkirk2018-07-30T10:04:00

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.

…

Already registered? Login here

To continue enjoying Building.co.uk, sign up for free guest access

Existing subscriber? LOGIN

Stay at the forefront of thought leadership with news and analysis from award-winning journalists. Enjoy company features, CEO interviews, architectural reviews, technical project know-how and the latest innovations.

Limited access to building.co.uk
Breaking industry news as it happens
Breaking, daily and weekly e-newsletters

Get your free guest access SIGN UP TODAY

Subscribe now for unlimited access

Subscribe to Building today and you will benefit from:

Unlimited access to all stories including expert analysis and comment from industry leaders
Our league tables, cost models and economics data
Our online archive of over 10,000 articles
Building magazine digital editions
Building magazine print editions
Printed/digital supplements

Subscribe now for unlimited access.

View our subscription options and join our community