An Indigenous charity in South Australia whose chairman had been appointed despite a history of terminations for alleged misuse of credit cards and lavish overspending has quietly announced it has brought in a new chairman.

An investigation by The Australian Financial Review on Monday detailed the history of Jim Golden-Brown, who was appointed chairman of Aboriginal Elders & Community Care Services Inc (ACS) in 2021 as he was the subject of a protracted probe by the Department of Social Services into his conduct at the collapsed National Aboriginal and Torres Strait Islander Corporation, which owes the department almost $2 million.