East London Mosque has lost £1 million in an investment, prompting the UK’s Charity Commission to issue a formal warning to the mosque's governing trust. Unless the East London Mosque Trust takes corrective action within six months, it risks triggering a full investigation. The East London Mosque, among the largest in Europe, is run by a board of 12 elected trustees, most of whom are of Bangladeshi origin. According to a media statement from the Charity Commission, the company later went bust, wiping out the full investment. The commission found that the mosque trust had not carried out adequate due diligence before making the investment.
