A top-level investigation into what happened to a £265,000 government grant to the now-defunct Keighley Business Forum is still under way.
Yorkshire Forward, the government's regional development agency, confirmed yesterday that a probe into the fate of its money is not yet complete.
The forum, an umbrella organisation for Keighley firms, folded last November with the loss of nine jobs and debts estimated to be around £300,000.
The forum was said to be a victim of debts run up by its spin-off waste management company NCEEM. KBF and NCEEM administered several high-profile projects for Keighley's Single Regeneration Budget, including Keighley Asian Business Forum.
Negotiations are under way with other local organisations to take over responsibility for these projects with SRB funding.
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