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The documentary is understood to examine how the charity allegedly invested £150 million of its funds for up to eight years, before handing the money to the causes for which it had been raised.
Some of the money was allegedly invested in tobacco firms and an arms company.
By the end of last year, the charity was allegedly sitting on £261million in a mixture of shares, bonds and cash.
The six-month investigation also explores how staffing costs at Comic Relief have allegedly almost doubled from £7.1million a year in 2008 to £13.5 million by 2012.
The programme was scheduled to air later this month but is reported to have been postponed.
A BBC source told the Daily Mirror: “It has already been put back once and the worry is this investigation will never see the light of day.
“This is causing huge problems within the Corporation, opening a can of worms some would rather stayed closed.
"We’re struggling to find other execs to take the place of those who ruled themselves out due to a conflict of interest. This is the BBC in full-on post-Savile self-flagellation mode.”
Horus12
I have always cast a suspicious eye over big charities and where the money actually goes and if this is correct, it is an absolute disgrace.
Comic Relief orders probe into Ugandan charity as £200,000 given by the British public 'goes missing'.
£50,000 of the sum handed to the Busoga Association UK went to consultants, it is alleged.
Up to £200,000 is still unaccounted for, it has also been claimed.
multichild
Once this goes out to the masses, the BBC will have no option but to show it, and wait for the fall out.
stumason
I am quite, quite confused why people are angry at the BBC over the actions of Comic Relief. I think some assume the BBC run the charity because they air their programme.
stumason
multichild
Once this goes out to the masses, the BBC will have no option but to show it, and wait for the fall out.
What "fall out"? The BBC has nothing to do with Comic Relief...
Don't get em wrong, I have a major problem with these big charities, especially Comic Relief (going for 25 years and raised billions, but people are still in the same state as when they started?), but lets point the finger at the right person, shall we? The BBC has bog all to do with it.
I am quite, quite confused why people are angry at the BBC over the actions of Comic Relief. I think some assume the BBC run the charity because they air their programme.