COMIC Relief chiefs have been slammed for “hoarding” £117million – despite still pleading for money to help fight hunger in the UK, reports claim.
The charity is said to just be sitting on the massive cash pile, which is nearly twice the total amount donated on Red Nose Day.
They also spent £11.9million on salaries in 2017 – with 30 staff earning more than £60,000 and five taking home over £100,000, Mail on Sunday reports.
Comic Relief’s most recently published accounts also reveal its £116.9 million reserves in 2016-17 were up from £93.5million the year before.
Most of the amount is made up of £66 million in donations yet to be paid out in grants – plus a £50million emergency reserve.
It is clear that the famously generous British public will not be happy if their donations are merely swelling the reserves of an already well-funded charity
Tory MP Andrew Bridgen
This is despite the charity still begging for money to help combat homelessness and hunger in the UK.
Tory MP Andrew Bridgen told the newspaper: “It is clear that the famously generous British public will not be happy if their donations are merely swelling the reserves of an already well-funded charity.
“It is difficult to see who the reserves are actually aiding, apart from the organisation itself.
“I’m sure that was not where people intended their generous donations to go.”
Comic Relief is committed to making sure every pound the charity gets directly from the public goes towards helping transform the lives of people dealing with poverty and injustice
Comic Relief spokesperson
The Department for International Development (Dfid) has sought assurances the cash is being spent on good causes – rather than going towards running costs, MoS reports.
It comes as the charity investigates three separate fraud allegations involving a total of £867,000.
This year’s massive fundraiser, which saw a Four Weddings And A Funeral reunion, raised more than £63million – £8million less than the previous appeal.
But the BBC was accused of putting out an “ad for Jeremy Corbyn” by letting celebs spout dubious claims about the level of poverty in the UK.
A Comic Relief spokesperson said no public donations have gone to the emergency fund.
MOST READ IN NEWS
She added: “Comic Relief is committed to making sure every pound the charity gets directly from the public goes towards helping transform the lives of people dealing with poverty and injustice.”
In 2013, a BBC Panorama investigation found millions of pounds raised for Comic Relief was being pumped into tobacco, alcohol and the arms industry.
They also revealed the charity was sitting on £100million donated by the public.