Kamehameha trustee Janeen-Ann Olds has lost the support of her colleagues as she seeks another term on the Board of Trustees of Kamehameha Schools.

On Friday the four other trustees of Kamehameha Schools asked the Probate Court to deny Olds’ petition to serve six more years on the board in light of a recent scandal involving her company, Sandwich Isles Communications, and its parent company, Waimana Enterprises. Her term is up Jan. 31.

Earlier this year the companies’ founder, Al Hee, was indicted for tax fraud after federal prosecutors accused him of skimming $4 million from Waimana Enterprises to pay for personal expenses such as college tuition for his children, jewelry, massages and travel.

Olds, who serves as CEO of Sandwich Isles and was formerly general counsel to Waimana, was not charged in the affair, but her fellow trustees told the court the situation was “negatively impacting Kamehameha Schools’ reputation and hindering and will continue to hinder our ability to move forward.”

There “are significant concerns raised regarding Ms. Olds’ management, background, expertise, reputation, credibility, integrity and leadership, all of which are core criteria for selection of a trustee of the estate,” the trustees wrote in a letter to the court and signed by Robert Nobriga, Corbett Kalama, Micah Kane and Lance Wilhelm.

In light of Hee’s conviction, the Federal Communications Commission has launched an investigation into the finances of Sandwich Isles Communications, and Hawaii’s Public Utilities Commission is considering launching its own probe. Either investigation could strip Sandwich Isles of millions of dollars in ratepayer subsidies that it receives annually and depends on to survive.

Sandwich Isles provides telecommunications services to more than 3,000 residents of Hawaiian homelands. The service is heavily subsidized by fees tacked on to most people’s phone bills to assist telecommunications in remote and high-cost areas.

Olds is also facing criticism from the Hawaiian Homes Commission. Sandwich Isles was required to pay the Department of Hawaiian Home Lands a minimum of 0.5 percent of its profits from its homeland operations for job training and education programs for Native Hawaiians. The company never paid, and in questioning in front of the Hawaiian Homes Commission last month, Hee said the company never made any profits.

The Kamehameha trustees previously provided tepid support for Olds, but in their letter to the court Friday, they said they changed their minds after meeting with prominent alumni and community leaders as well as Olds herself.

We “sought additional details from Ms. Olds directly regarding her involvement as general counsel, president and chief executive officer of Waimana Enterprises and Sandwich Isles Communications that might provide additional insight about her qualities and characteristics and address community concerns,” the trustees wrote. “Ms. Olds responded and defended her management of SIC and role as general counsel of WEI. Her responses did not reflect well on her leadership attributes and did not adequately address the concerns raised by the Kamehameha Schools community.”

Kamehameha Schools has an endowment of $11 billion and educates some 6,900 Native Hawaiian students annually. Kamehameha trustees earn about $120,000 annually.

Olds could not be reached for comment late Friday.