Britain's financial "old boys" club was rocked by its own sexual harassment scandal Wednesday after a Financial Times investigation found that female hostesses were groped at a men-only charity gala attended by hundreds of senior executives.

One of the club's three trustees, David Meller, resigned as an adviser to Britain's Department for Education.

The Presidents Club dinner is an annual event for a group that claims it has raised around 20 million pounds ($28 million) for children's charities over the past 33 years.

In the year to Oct. 31, 2016, the Presidents Club made or pledged 1.6 million pounds to charities, including 280,000 pounds to Great Ormond Street children's hospital, according to the most recent accounts filed with the Charity Commission for England and Wales. The group's income for the same period totaled 2.05 million pounds, with 1.59 million pounds coming from that year's charity gala.

The accounts show that the Presidents Club spent 597,790 pounds on the 2016 charity event.

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