The co-founder of Black Lives Matter said that she left the foundation, but it was not because of right wing trying to discredit it.

Patrisse Cullors said that Friday will be her last day at the foundation, which has been in operation for nearly six years.

Last month, the 37-year-old human rights activist's financial situation was reviewed because she owns four houses.

"Black Lives Matter" has been a hot topic since 2013 and has gradually developed into a global motion.

Ms Cullors said that she will leave the Global Black Life Matter Network to focus on her forthcoming second book, "A Handbook for Abolitionists," and reach an agreement with Warner Bros. to jointly develop a TV highlighting black stories

She said in a statement: "During this transition period, with smart, experienced and dedicated people supporting the organization, I know that BLMGNF is bastioned.

The foundation’s agenda remains unchanged: eliminate white supremacy and establish life-confirming institutions.

Ms Cullors said that her retirement plan hwas underway for more than a year, and this has nothing to do with allegations that she mishandled donations to purchase a real estate portfolio. There is no evidence that this is indeed the case.

She said: "These are right-wing attacks, trying to discredit my character, and I am not acting in accordance with the law."

The BLM Foundation told in February that after the assassination of George Floyd, who was assassinated in Minneapolis, Minnesota last year, the company raised $90 million in racial justice protests (63 million pounds).

The foundation announced that by the end of 2020, after deducting operating expenses, the balance of grants and other expenses to black organizations will exceed 60 million U.S. dollars.

The New York Post reported last month that Ms. Cullors, a self-proclaimed Marxist, bought a $1.4 million mansion in Topanga Canyon near Malibu and owns three other houses, including her own in Georgia.

In April, the foundation announced that Ms. Cullors had received US$120,000 for her work from 2013 to 2019.

The Black Lives Matter Foundation said in a statement: “As a 501c3 registered non-profit organization, [the foundation] cannot and does not provide organizational resources for employees or volunteers to purchase personal property.

"Any suggestion or statement to the contrary is absolutely wrong.

Ms. Cullors told The Black News last month that the allegations of financial fraud against her were “absolutely false and extremely dangerous” and seemed to make her cry.