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Charity investigated amid ‘serious financial concerns’ over loans totalling more than £1.7m

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Sign up to the free MyBury newsletter to get the best stories direct to your inbox A Prestwich based charity is being investigated amid ‘serious financial and governance concerns’ about loans totalling more than £1.7M.

The Charity Commission has opened a statutory inquiry into the MB Foundation, also known as the Mossad Horav Aryeh Halevy. The charity, who operate in Bury and Israel, lists its activities as providing financial support to help relieve sickness and poverty. READ MORE: Man in critical condition after he's found unconscious at Manchester bus stop The regulator said it had opened the inquiry into the MB Foundation over ‘serious financial and governance concerns’.

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