The charity was led by flamboyant founder Camila Batmanghelidjh and was courted by Britain's top politicians and celebrities.
But it collapsed suddenly last summer and it has since been revealed that at least £46 million of public money was handed to the charity despite concerns about the way it was being run.
Alan Yentob, former chairman of trustees at the charity, stepped down as BBC creative director following allegations that he tried to influence its coverage of the charity's troubles.
He always insisted there was no conflict of interest. But, stepping down from his high-profile role at the BBC, Mr Yentob said his role at the failed charity was a "serious distraction".
Kids Company folded on August 5 last year, just six days after receiving a £3 million grant to keep it afloat.