Kids Company has become "a football for the media and the civil servants", the charity's founder has said.
Speaking on BBC Radio 4, Camila Batmanghelidjh claimed the charity had run out of money because the government had not taken responsibility for child protection.
Kids Company closed on Wednesday after ministers said they wanted to recover a £3m grant given to the charity, whilst another multi-million pound donation has been withdrawn by a philanthropist following allegations of mishandling abuse in the London based charity.
David Cameron with Camila Batmanghelidjh in 2010
The Cabinet Office said it believed conditions attached to the use of the money had not been met.
When asked if Kids Company's finances could have been run more efficiently, Ms Batmanghelidjh said: "Our problem is not the efficiency of our financial systems, it's our lack of funding."
Speaking in July this year, Ms Batmanghelidjh, who was born in Tehran, argued that "vulnerable children of this country remain largely unprotected."
READ MORE: 7 QUOTES THAT SHOW WHY KIDS COMPANY FOUNDER IS UNPOPULAR WITH THE GOVERNMENT
“There’s no point in shooting the messenger if the message is uncomfortable."
She also called on David Cameron to explain what would now happen to the thousands of vulnerable children helped in 11 street centres and 40 schools; the Kids Company website states their services reach 36,000 people across London.
