AN INDEPENDENT investigation into the running of Cotswold Water Park Society is to present its initial findings next week.

Former chief executive of Gloucester City Council Graham Garbutt has been compiling the report since October, and will present his initial findings to Gloucestershire County Coucil's Audit Committee on January 19.

The society officially disbanded last year after it was revealed that former chief executive Dennis Grant had defrauded the organisation of more than £600,000.

Grant was convicted in July and is currently servicing a four-year, four-month jail sentence at Leyhill Open Prison near Wotton-under-Edge.

The report is investigating the way the society was set up and how it developed, how it was structured and governed as well as its financial relationship with Gloucestershire County Council (GCC).

Mr Garbutt has also investigated the way in which GCC co-operated with organisations such as the Police and the Audit Commission with regards to the society, as well as the lessons that have be learned as a result of the scandal.

He said he expected the full report to be finished by Easter.

“This has been an extensive review involving discussions with numerous witnesses and I am very grateful for their co-operation,” added Mr Garbutt.

“We have also examined an extensive range of documents and files.

“The investigation has included examining the appropriateness and application of relevant county council procedures and I will present my findings on this area first so that necessary improvements can be made without delay.

“I know that many people are awaiting the outcome of my full review.

“My aim is to pursue the various concerns and complaints to clear conclusion wherever possible and I will publish a full report as soon the work can be completed.

“I anticipate that this will be accompanied by the release of further background documentation to support my conclusions.”