The Jewish Leadership Council has said it is establishing an independent Review Committee to look into allegations it covered up serious financial breaches by the umbrella group’s former chief executive Jeremy Newmark.

In a statement published on Wednesday, the JLC the circumstances around Newmark’s 2013 departure, ostensibly for “health reasons,” will be reviewed by a committee chaired by a retired judge, with two accountants also involved.

“The Review Committee will be independent of the JLC Board of Trustees,” the organisation said. “Each expert on the Review Committee will have the appropriate experience and public standing to conduct this Review.”

They added that they would wait to hear from the Charity Commission before beginning work “to ensure that we are properly addressing any regulatory concerns they may have”.

JLC chief executive Simon Johnson said: “We decided to appoint an independent review committee to reassure Members and the community at large. We are committed to ensuring that this process is run independently, with integrity and in conjunction with the Charity Commission to ensure it is comprehensive.”