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SNP auditors quit amid Peter Murrell police investigation | |
(33 minutes later) | |
Police carried out a search of the SNP's headquarters in Edinburgh this week | Police carried out a search of the SNP's headquarters in Edinburgh this week |
The firm that audits the SNP's finances has resigned, the BBC has learned. | The firm that audits the SNP's finances has resigned, the BBC has learned. |
Accountants Johnston Carmichael, which has worked with the party for more than a decade, said the decision was taken after a review of its client portfolio. | Accountants Johnston Carmichael, which has worked with the party for more than a decade, said the decision was taken after a review of its client portfolio. |
Police investigating the SNP's finances this week searched the home of former SNP chief executive Peter Murrell - Nicola Sturgeon's husband. | Police investigating the SNP's finances this week searched the home of former SNP chief executive Peter Murrell - Nicola Sturgeon's husband. |
He was arrested and released without charge. The BBC understands Johnston Carmichael resigned before this arrest. | |
By law, the SNP has until 7 July to present their accounts to the Electoral Commission or face possible sanctions. | |
How many more difficult days for SNP's Yousaf? | How many more difficult days for SNP's Yousaf? |
Sturgeon out of event as two-day police search ends | Sturgeon out of event as two-day police search ends |
Peter Murrell released without charge after arrest | Peter Murrell released without charge after arrest |
A spokesperson for the SNP said it was in the process of finding a replacement firm. | |
The party is required to prepare financial statements in accordance with the Political Parties, Elections and Referendum Act 2000. | |
However Electoral Commission rules state any party with income or expenditure of more than £250,000 is required by law to also independently audit their accounts and include this report in their submission. | However Electoral Commission rules state any party with income or expenditure of more than £250,000 is required by law to also independently audit their accounts and include this report in their submission. |
Accounts are from the calendar year, not the financial year and the deadline for 2022 accounts is 7 July 2023. | Accounts are from the calendar year, not the financial year and the deadline for 2022 accounts is 7 July 2023. |
Nicola Sturgeon and Peter Murrell had high profile roles in the SNP for years | Nicola Sturgeon and Peter Murrell had high profile roles in the SNP for years |
If there is no report and no reasonable excuse, the commission has the power to appoint its own firm of auditors to look at the accounts. | |
The SNP's accounts for 2021 were published on 16 August 2022. | The SNP's accounts for 2021 were published on 16 August 2022. |
The party's total income was £4,510,460, total expenditure was £5,262,032, assets were £1,630,454 and liabilities were £1,055,689. | The party's total income was £4,510,460, total expenditure was £5,262,032, assets were £1,630,454 and liabilities were £1,055,689. |
Mr Murrell was arrested on Wednesday, and later released without charge, while police carried out a search at his Glasgow home. | Mr Murrell was arrested on Wednesday, and later released without charge, while police carried out a search at his Glasgow home. |
He was questioned while the search took place. | He was questioned while the search took place. |
Ms Sturgeon was at the house when police arrived but said she had "no prior knowledge" of the Police Scotland's plans. | |
A search of the Scottish National Party's headquarters in Edinburgh was also carried out. | A search of the Scottish National Party's headquarters in Edinburgh was also carried out. |
First Minister Humza Yousaf, who succeeded Ms Sturgeon last week, said his party had "fully co-operated" with police and would continue to do so. | First Minister Humza Yousaf, who succeeded Ms Sturgeon last week, said his party had "fully co-operated" with police and would continue to do so. |
He said that he was "very, very clear that the governance of the party was not as it should be". | He said that he was "very, very clear that the governance of the party was not as it should be". |
A van reversed into the tent outside the house of Peter Murrell and Nicola Sturgeon | A van reversed into the tent outside the house of Peter Murrell and Nicola Sturgeon |
A van reversed into the tent outside the house of Peter Murrell and Nicola Sturgeon | A van reversed into the tent outside the house of Peter Murrell and Nicola Sturgeon |
Scottish Labour's deputy leader Jackie Baillie said the resignation of Johnstone Carmichael was a deeply worrying development that posed "serious questions" about the SNP's financial affairs. | |
She said: "Yesterday, Humza Yousaf attempted to distance himself from the legacy of Peter Murrell - today we need to know what the current first minister plans to do to get the SNP's house in order. | She said: "Yesterday, Humza Yousaf attempted to distance himself from the legacy of Peter Murrell - today we need to know what the current first minister plans to do to get the SNP's house in order. |
"Sunlight is the best disinfectant - we need transparency and openness from the SNP now." | "Sunlight is the best disinfectant - we need transparency and openness from the SNP now." |
Meanwhile, Scottish Conservative constitution spokesperson Donald Cameron said the SNP should be "fully transparent" over why their auditors decided to quit. | Meanwhile, Scottish Conservative constitution spokesperson Donald Cameron said the SNP should be "fully transparent" over why their auditors decided to quit. |
He said: "The public are sick of the SNP shrouding matters relating to their finances behind a wall of secrecy, and senior figures - including Humza Yousaf and Nicola Sturgeon - must be upfront about this situation." | He said: "The public are sick of the SNP shrouding matters relating to their finances behind a wall of secrecy, and senior figures - including Humza Yousaf and Nicola Sturgeon - must be upfront about this situation." |
Officers remained stationed outside Peter Murrell and Nicola Sturgeon's home on Wednesday evening | Officers remained stationed outside Peter Murrell and Nicola Sturgeon's home on Wednesday evening |
In July 2021 Police Scotland launched a formal investigation into SNP finances after receiving complaints about how donations were used. | |
Questions had been raised about funds given to the party for a fresh independence referendum campaign. | Questions had been raised about funds given to the party for a fresh independence referendum campaign. |
Ms Sturgeon had insisted at the time that she was "not concerned" about the party's finances. | Ms Sturgeon had insisted at the time that she was "not concerned" about the party's finances. |
She said "every penny" of cash raised in online crowdfunding campaigns would be spent on the independence drive. | She said "every penny" of cash raised in online crowdfunding campaigns would be spent on the independence drive. |
According to a statement, the SNP raised a total of £666,953 through referendum-related appeals between 2017 and 2020. The party pledged to spend these funds on the independence campaign. | According to a statement, the SNP raised a total of £666,953 through referendum-related appeals between 2017 and 2020. The party pledged to spend these funds on the independence campaign. |
Questions were raised after its accounts showed it had just under £97,000 in the bank at the end of 2019, and total net assets of about £272,000. | Questions were raised after its accounts showed it had just under £97,000 in the bank at the end of 2019, and total net assets of about £272,000. |
'Personal contribution' | 'Personal contribution' |
Last year it emerged that Mr Murrell gave a loan of more than £100,000 to the SNP to help it out with a "cash flow" issue after the last election. | Last year it emerged that Mr Murrell gave a loan of more than £100,000 to the SNP to help it out with a "cash flow" issue after the last election. |
The party had repaid about half of the money by October of that year. | The party had repaid about half of the money by October of that year. |
At the time an SNP spokesman said the loan was a "personal contribution made by the chief executive to assist with cash flow after the Holyrood election". | At the time an SNP spokesman said the loan was a "personal contribution made by the chief executive to assist with cash flow after the Holyrood election". |
He said it had been reported in the party's 2021 accounts. | He said it had been reported in the party's 2021 accounts. |
Weeks earlier, MP Douglas Chapman had resigned as party treasurer saying he had not been given the "financial information" to do the job. | Weeks earlier, MP Douglas Chapman had resigned as party treasurer saying he had not been given the "financial information" to do the job. |
Mr Murrell resigned last month after taking responsibility for misleading statements about a fall in party membership. | Mr Murrell resigned last month after taking responsibility for misleading statements about a fall in party membership. |
He has been married to Nicola Sturgeon since 2010. | He has been married to Nicola Sturgeon since 2010. |
Related Topics | Related Topics |
SNP (Scottish National Party) | SNP (Scottish National Party) |