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Three people quizzed by police in connection with a long-running investigation into Medway Council's trading arm, have been released pending further inquiries.
As previously reported, officers from the Kent and Essex Serious Crime Directorate raided properties in Cliffe Woods near Rochester and Tenterden on June 10.
Detectives are probing reports of financial mismanagement between 2017 and 2019 at the Medway Commercial Group (MCG).
A man and a woman, both in their 50s, were arrested at the Tenterden address while a man in his 40s was taken into custody in Medway before being released on bail until this week.
Spokesman James Walker said this afternoon that the trio had now been released pending further inquiries.
As reported by KentOnline, concerns were raised about the firm in February 2019, with police called in six months later after an internal audit carried out by forensic accountants.
In March, MCG bosses announced they were rebranding the company Kyndi.