Where has the £266,000 gone?

[carlymichelle]

Let's leave morality out of it and deal with legality 
Precis.
A private limited company over a 9 year plus period had receipts totalling ca £4.5MM. Over the same period of time the expenditure was ca £4.00MM ( I am just using figures bandied about in the press so leave me alone. However if one trawls through Companies House stuff (how sad is that?)  it looks about right).
The responsibility for the effective running of the company lay with the board of directors.
After the musical chairs and Madhatter's tea party at the beginning with one or two "names" as directors who subsequently resigned, it finally distilled down to Drs McCann and a few others who appeared to be family friends or relatives but no matter.
If the place has run itself out of dosh and can no longer deliver on it's objectives the directors can blame no one but themselves. They were there to know what made the clock tick on their manor...........easy old stuff innit.

  well said  alice

[Benice]

As Brietta says this is not only about the legal right but 'moral right' to spend publicly donated money in a way that is not within the stated aims of the fund.

I am a member of the public who has donated to the fund.   I have no problem with how my money was spent - or will be spent.

This is because I have no reason to believe there is anything fraudulent about the fund, or that the McCanns are 'innit' for the money.   People who are greedy for money don't put hundreds of thousands of pounds,  which they could quite legitimately put  into their own bank accounts,  into a fund.  Neither do they donate to charity thousands of pounds which they also could keep for themselves.     Neither do they hand over hundreds of thousands of pounds to expensive PI companies  - when all they had to do was say 'No - we prefer not to employ them - we are happy with our own employees'.

Just another example  IMO of the McCanns doing the complete opposite of what guilty people who are greedy for money for themselves would do.

The ability of some to convince themselves that black is white never ceases to amaze me.

AIMHO

 

[faithlilly]

I am a member of the public who has donated to the fund.   I have no problem with how my money was spent - or will be spent.

This is because I have no reason to believe there is anything fraudulent about the fund, or that the McCanns are 'innit' for the money.   People who are greedy for money don't put hundreds of thousands of pounds,  which they could quite legitimately put  into their own bank accounts,  into a fund.  Neither do they donate to charity thousands of pounds which they also could keep for themselves.     Neither do they hand over hundreds of thousands of pounds to expensive PI companies  - when all they had to do was say 'No - we prefer not to employ them - we are happy with our own employees'.

Just another example  IMO of the McCanns doing the complete opposite of what guilty people who are greedy for money for themselves would do.

The ability of some to convince themselves that black is white never ceases to amaze me.

AIMHO

They do if they wish to look as if they are not benefitting from their daughter's disappearance but, as directors, still have control over that money.

[Brietta]

Let's leave morality out of it and deal with legality 
Precis.
A private limited company over a 9 year plus period had receipts totalling ca £4.5MM. Over the same period of time the expenditure was ca £4.00MM ( I am just using figures bandied about in the press so leave me alone. However if one trawls through Companies House stuff (how sad is that?)  it looks about right).
The responsibility for the effective running of the company lay with the board of directors.
After the musical chairs and Madhatter's tea party at the beginning with one or two "names" as directors who subsequently resigned, it finally distilled down to Drs McCann and a few others who appeared to be family friends or relatives but no matter.
If the place has run itself out of dosh and can no longer deliver on it's objectives the directors can blame no one but themselves. They were there to know what made the clock tick on their manor...........easy old stuff innit.

In the absence of any suggestion that Madeleine's Fund has acted illegally ... there remains only the morality of the constant attack to which it is exposed and has been from its inception to threads such as this on internet fora.

As far as I am concerned they have achieved the impossible.

They have 'left no stone unturned' resulting in the reopening of the investigation into Madeleine's disappearance by the people best equipped to get a result ... the Policia Judiciaria ... Scotland Yard
All of which seems to have caused some people great angst for reasons best known to themselves.

[Alfie]

Perhaps you need to raise the point with the media? They printed figures relating to the Fund, presumably to inform the general public, so I see nothing wrong with discussing those figures. Particularly as a seemingly large chunk of the money has been spent with no hint in the media as t why.

Perhaps you should ask the media to investigate on your behalf if it's such a pressing matter for you. 

[Alfie]

As Brietta says this is not only about the legal right but 'moral right' to spend publicly donated money in a way that is not within the stated aims of the fund.

Perhaps you could start up a pressure group of all those who feel they have been morally wronged by the McCanns and petition for a refund of the ten quid these aggrieved and morally wronged people have donated.

[faithlilly]

Perhaps you could start up a pressure group of all those who feel they have been morally wronged by the McCanns and petition for a refund of the ten quid these aggrieved and morally wronged people have donated.

And perhaps the McCanns could have just been honest about how they were going to use the money then the public could have made an informed decision in regard to donating. Simple really.

[Alfie]

And perhaps the McCanns could have just been honest about how they were going to use the money then the public could have made an informed decision in regard to donating. Simple really.

Perhaps when they set up the Fund they had no idea that one of the policemen charged with finding their daughter would spend the next 10 years determined to ruin their reputations and convince the world their child was dead or that they would need to spend so much money trying to counteract his lies and smears.

[faithlilly]

Perhaps when they set up the Fund they had no idea that one of the policemen charged with finding their daughter would spend the next 10 years determined to ruin their reputations and convince the world their child was dead or that they would need to spend so much money trying to counteract his lies and smears.

IYO of course but even if they hadn't known they've had many, many years and their own website to make the matter crystal clear. Any idea why they haven't ?

[ferryman]

IYO of course but even if they hadn't known they've had many, many years and their own website to make the matter crystal clear. Any idea why they haven't ?

The matter is crystal-clear.

Their daughter was abducted and a cheap-skate Portuguese cop accused them.

[Alfie]

IYO of course but even if they hadn't known they've had many, many years and their own website to make the matter crystal clear. Any idea why they haven't ?

How much money in the form of personal donations eg: pocket money and pensions have the McCanns received between years 2 and 10 do you reckon?  Say, as a % of the overall receipts.

[stephen25000]

The matter is crystal-clear.

Their daughter was abducted and a cheap-skate Portuguese cop accused them.

I am afraid it isn't, and your diversions do not aid the Mccanns.

[carlymichelle]

I am afraid it isn't, and your diversions do not aid the Mccanns.

imo his/mcann supporters undying  devotion make the mcanns look more suspicious imo

[Alice Purjorick]

In the absence of any suggestion that Madeleine's Fund has acted illegally ... there remains only the morality of the constant attack to which it is exposed and has been from its inception to threads such as this on internet fora.

As far as I am concerned they have achieved the impossible.

They have 'left no stone unturned' resulting in the reopening of the investigation into Madeleine's disappearance by the people best equipped to get a result ... the Policia Judiciaria ... Scotland Yard
All of which seems to have caused some people great angst for reasons best known to themselves.

How do you work that out. The objectives of the company were to bring the guilty parties to book and find Madeleine.
Show me where that was achieved.

[Brietta]

How do you work that out. The objectives of the company were to bring the guilty parties to book and find Madeleine.
Show me where that was achieved.

I'm not terribly sure that can be accomplished without the involvement of law enforcement; in this instance of two countries.

Any suggestion how Madeleine's Fund could have circumvented that requirement ... or don't you think it matters?