The Charity Commission has installed interim managers to supervise a pair of religious charities which have been under investigation since 2015.
The watchdog launched an inquiry into Achiezer and Achiezer Association Limited after the failure to submit accounts on time.
But it said the inquiry is now would also examine whether the trustees “have failed to properly manage the charities’ funds”.
The Achiezer Association, according to its last published accounts for the year ending September 2015, received an income of £1,078,357 and spent £35,138.