The state government has launched an audit and review of Premier Youthworks, a Hunter-based company that was the subject of a Four Corners investigation last year.
The company, based in Cardiff, is taxpayer-funded and provides out-of-home residential care for children.
The program aired a number of allegations relating to the handling of its finances by director Lisa Glen and chief executive Mathew McGovern.
Premier Youthworks was contacted but a spokesperson said it could not offer comment while the review was underway.
In a statement, the Department of Family and Community Services said Premier Youthworks were cooperating with the review.
A spokesperson said a procurement process was also underway for new residential care and foster care contracts, which would begin in October of this year.
“FACS is bound by strict NSW government probity requirements and is therefore unable to provide further information or comment on Premier Youthworks at this time,” he said.