Author Topic: Mitchell: McCanns move funds from Madeleine Fund to another account.  (Read 91140 times)

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Offline pegasus

Re: Mitchell: McCanns move funds from Madeleine Fund to another account.
« Reply #420 on: April 16, 2016, 10:16:54 PM »
Would that wording cover any recovery action necessary should Madeleine be located in a country not a signatory to the Hague Convention?
You can read the current two objects of the documented fund at Companies House Misty it's free.
In the hypothetical event of recovery being needed from a non-HC country that would be handled by police and government not PIs.

Offline Carana

Re: Mitchell: McCanns move funds from Madeleine Fund to another account.
« Reply #421 on: April 16, 2016, 10:18:23 PM »
I think JP might be able to shed more light on this in general terms of UK legislation if he pops in.

Offline pegasus

Re: Mitchell: McCanns move funds from Madeleine Fund to another account.
« Reply #422 on: April 16, 2016, 10:47:10 PM »
I think JP might be able to shed more light on this in general terms of UK legislation if he pops in.
Sorry but anything french sounding reminds me of the original SIO's astounding claim that some people visited someone with a french sounding name in portugal to discuss, of all things, a minor provincial election. How ludicrous. But back to search expenditure, yes I imagine a trust fund could be set up to pay for search.
« Last Edit: April 16, 2016, 10:50:21 PM by pegasus »

Offline Carana

Re: Mitchell: McCanns move funds from Madeleine Fund to another account.
« Reply #423 on: April 16, 2016, 10:49:56 PM »
Sorry but you mentioning french sounding names reminds me of the original SIO's astounding claim that some people visited someone with a french sounding name to discuss, of all things, a minor provincial election. How ludicrous. But back to search expenditure, yes I imagine a trust fund could be set up to pay for search.

LOL Sorry, but I haven't the faintest idea what you're referring to.

Offline G-Unit

Re: Mitchell: McCanns move funds from Madeleine Fund to another account.
« Reply #424 on: April 16, 2016, 10:58:01 PM »
A Trust Fund with Madeleine as the beneficiary would be the obvious solution and legally all details could be kept secret.

Once you put money int a Trust Fund you have no say in it's use (the trustees administer it) and you never get it back. If Madeleine was the beneficiary and she was never found the money would just sit there.
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Offline misty

Re: Mitchell: McCanns move funds from Madeleine Fund to another account.
« Reply #425 on: April 16, 2016, 11:04:13 PM »
LOL Sorry, but I haven't the faintest idea what you're referring to.

 Pegasus is referring to Amaral's contention of the "devious events involving the McCanns"  surrounding his removal as a candidate in the Olhao elections.

But yes, JP's input would be helpful. It's difficult in parental abduction cases to achieve repatriation & there was recently a programme on TV about people who have sustained massive personal expense in attempts to recover a child living outside the signatory countries. I am struggling to find details at present as to who pays for repatriation of human trafficking victims or children who are adopted abroad with false documentation.

Offline pegasus

Re: Mitchell: McCanns move funds from Madeleine Fund to another account.
« Reply #426 on: April 17, 2016, 03:27:56 PM »
I think JP might be able to shed more light on this in general terms of UK legislation if he pops in.
"In a common sense and practical move, they have kept some money back from the Find Madeleine Fund in case it is needed for an ongoing search”
http://www.mirror.co.uk/news/uk-news/madeleine-mccanns-parents-ready-continue-6370581

Yes an expert opinion on how that might be structured would be welcome.
« Last Edit: April 17, 2016, 03:30:27 PM by pegasus »

Offline ChloeR

Re: Mitchell: McCanns move funds from Madeleine Fund to another account.
« Reply #427 on: April 21, 2016, 09:58:26 PM »
This really doesn't make much sense to me at all. I was under the impression that the 'fund' was meant to be used searching for Madeleine. if it is not, quite what do people donate to it for?

Offline jassi

Re: Mitchell: McCanns move funds from Madeleine Fund to another account.
« Reply #428 on: April 21, 2016, 10:03:21 PM »
If the fund within a fund is for searching, it would imply that the other money in the fund is not for searching, but for some other, as yet, undisclosed purpose.
I believe everything. And l believe nothing.
I suspect everyone. And l suspect no one.
I gather the facts, examine the clues... and before   you know it, the case is solved!"

Or maybe not -

OG have been pushed out by the Germans who have reserved all the deck chairs for the foreseeable future

Offline G-Unit

Re: Mitchell: McCanns move funds from Madeleine Fund to another account.
« Reply #429 on: April 21, 2016, 10:18:57 PM »
If the fund within a fund is for searching, it would imply that the other money in the fund is not for searching, but for some other, as yet, undisclosed purpose.

Court costs?
Read and abide by the forum rules.
Result = happy posting.
Ignore and break the rules
Result = edits, deletions and unhappiness
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Offline mercury

Re: Mitchell: McCanns move funds from Madeleine Fund to another account.
« Reply #430 on: April 21, 2016, 10:25:34 PM »
PR fees?

Offline pathfinder73

Re: Mitchell: McCanns move funds from Madeleine Fund to another account.
« Reply #431 on: April 21, 2016, 10:31:00 PM »
The Wider Agenda.
Smithman carrying a child in his arms checked his watch after passing the Smith family and the time was 10:03. Both are still unidentified 10 years later.

Offline pegasus

Re: Mitchell: McCanns move funds from Madeleine Fund to another account.
« Reply #432 on: April 22, 2016, 02:18:18 PM »
If the fund within a fund is for searching, it would imply that the other money in the fund is not for searching, but for some other, as yet, undisclosed purpose.
"kept some money back from the Find Madeleine Fund" implies a fund completely seperate from the MF

Offline misty

Re: Mitchell: McCanns move funds from Madeleine Fund to another account.
« Reply #433 on: April 22, 2016, 02:37:19 PM »
"kept some money back from the Find Madeleine Fund" implies a fund completely seperate from the MF

It could equally mean that family money e.g, an inheritance, which may have otherwise been put into the FMF, can be used in future for any type of searching not deemed appropriate by the Fund.

Offline jassi

Re: Mitchell: McCanns move funds from Madeleine Fund to another account.
« Reply #434 on: April 22, 2016, 02:39:14 PM »
It could equally mean that family money e.g, an inheritance, which may have otherwise been put into the FMF, can be used in future for any type of searching not deemed appropriate by the Fund.

Surely once money is donated to the fund it should remain as fund property, or can people who have donated ask for their money back?
I believe everything. And l believe nothing.
I suspect everyone. And l suspect no one.
I gather the facts, examine the clues... and before   you know it, the case is solved!"

Or maybe not -

OG have been pushed out by the Germans who have reserved all the deck chairs for the foreseeable future