It's an opinion presented as fact, and like the HoH claims of financial skulduggery, it is presented with no evidence. I think this guy is out to make trouble, supporting his pals at HoH with airtime in a national newspaper. The questions about "where's the money gone" can be easily answered - have been answered by people on this very thread - but rather than study the real facts presented in the financial statements, he has continued to sow seeds of doubt.
I suspect this is exactly the sort of negative rubbish that Leeann was talking about in her post. He's stirring it. IMO.