RICS probe publication delayed for second time | Online

RICS flags

An unbiased assessment is at present underway into allegations that RICS attempted to suppress a essential inside report into its finances in 2018/19 and then unfairly dealt with those people who sought to explore the concern.  

It is getting led by a senior barrister Alison Levitt QC (of 2 Hare Court docket Chambers) and supported by law business Kingsley Napley. 

The law company claimed these days that the impartial evaluation group has now moved into the closing period of the evaluate and it is their hope to be able to produce the report to the chair of the Steering Committee of Governing Council by mid-August 2021. 

Levitt had at first hoped to offer the report in mid-June, but previous thirty day period pushed its publication back again until eventually July, ahead of announcing right now that it will be anticipated in August. 

RICS introduced the impartial evaluate after The Sunday Situations published allegations late last yr that four administrators ended up ousted in November 2019 for flagging up a 2018 BDO report warning that RICS was uncovered to “unidentified fraud, misappropriation of resources and misreporting of economical performance”.

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