23/05/2022

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RICS probe publication delayed for second time | Online

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RICS flags

An independent evaluate is currently underway into allegations that RICS attempted to suppress a critical inside report into its finances in 2018/19 and then unfairly dealt with people who sought to discover the situation.  

It is staying led by a senior barrister Alison Levitt QC (of 2 Hare Court docket Chambers) and supported by legislation organization Kingsley Napley. 

The law company reported today that the unbiased evaluate team has now moved into the last period of the critique and it is their hope to be equipped to supply the report to the chair of the Steering Committee of Governing Council by mid-August 2021. 

Levitt experienced at first hoped to deliver the report in mid-June, but very last month pushed its publication back again right until July, just before asserting these days that it will be predicted in August. 

RICS released the impartial overview after The Sunday Moments published allegations late very last 12 months that four administrators ended up ousted in November 2019 for flagging up a 2018 BDO report warning that RICS was exposed to “unidentified fraud, misappropriation of money and misreporting of money performance”.

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