Does the Madeleine Fund have a moral obligation to transparency?

[Alice Purjorick]

Alfie

Who do you think pays the legal bills in Portugal, the travel expenses, the hotels and for witnesses to attend trials? Are you trying to infer G McCann pays all of it out of a consultants salary?

There is no question about that one as it is stated in The Directors Annual Report

[Alfred R Jones]

Really? Please tell me then how much of the Fund's income came from donations and how much of it came from other sources. The NSPCC breaks it's income down into four categories; Donations, Gifts and Legacies 84.3%; Fundraising and Sale of Goods 5.7%; Investment Income 1.8% and Income from Charitable Activities 8.2%.

Perhaps before asking me a question, you could do me the courtesy of answering some of the several questions I have directed at you which remain unanswered.  Thanks.

[Alfred R Jones]

My thoughts precisely especially when it was raised on a false premise.

What false premise are you referring to Angelo?

[Alfred R Jones]

Alfie

Who do you think pays the legal bills in Portugal, the travel expenses, the hotels and for witnesses to attend trials?  Are you trying to infer G McCann pays all of it out of a consultants salary?

Would you kindly highlight where I inferred any such thing?

[Angelo222]

What false premise are you referring to Angelo?

The searching for Maddie false premise.

[G-Unit]

Perhaps before asking me a question, you could do me the courtesy of answering some of the several questions I have directed at you which remain unanswered.  Thanks.

I have answered your questions.

You said;

The Fund is as transparent as the NSPCC (who also promise transparency and accountability), certainly as far as the accounts are concerned, from what I can see by comparing the two.

Have you a cite for the MF's refusal to name a fund manager please?

[/quote]

I then pointed out that the NSPCC give details of where their income comes from and asked you to provide comparable details from the Fund accounts. Clearly you cannot, because they're not there.

The Fund was asked this;

3) The official website states that 'an experienced Fund Administrator has been appointed to ensure the highest standards of transparency and accountability'. What is the name of the Fund Administrator and when and how was he/she recruited - was the job advertised?

This reply was given;

I have now been authorised to issue the following brief statement from Madeleine's Fund in response to your approach:

"Madeleine's Fund - Leaving No Stone Unturned Limited" fulfils all of its legal requirements through the filing and public declaration of all the information that is legally required of it. It exists to support the search for Madeleine and remains entirely dedicated to finding her through everything that it does, fully in line with its published objectives."

I appreciate that this does not directly address your specific questions but this is all that the Fund wishes, or needs, to state at present. I hope it is helpful nonetheless.

Kind regards,

Clarence
http://www.mccannfiles.com/id405.html

[mercury]

The searching for Maddie false premise.

Well, the public have been told that the vast majority of the fund has gone "directly on search fees"

Thing is, with alot of these statements made, it can all boil down to "how one interprets it", ie that particular one might not actually mean that technically, but include  in it's meaning lots of other types of expenditure. IYSWIM.

@ GU
Why would any Fund not want to divulge who the manager is? Can't really think.....

[Eleanor]

Well, the public have been told that the vast majority of the fund has gone "directly on search fees"

Thing is, with alot of these statements made, it can all boil down to "how one interprets it", ie that particular one might not actually mean that technically, but include  in it's meaning lots of other types of expenditure. IYSWIM.

@ GU
Why would any Fund not want to divulge who the manager is? Can't really think.....

What, so he or she can be hounded by the likes of you know who I mean?

[Alfred R Jones]

The searching for Maddie false premise.

Sorry, I don't follow.  Are you saying the Fund was not set up with the aim of helping to look for Madeleine?

[mercury]

What, so he or she can be hounded by the likes of you know who I mean?

Hmmm, that would be understandabie, as I can't really think of any other reason. Then again, if anyone wanted to "hound" they don't really need a name.

[Alice Purjorick]

Well, the public have been told that the vast majority of the fund has gone "directly on search fees"

Thing is, with alot of these statements made, it can all boil down to "how one interprets it", ie that particular one might not actually mean that technically, but include  in it's meaning lots of other types of expenditure. IYSWIM.

@ GU
Why would any Fund not want to divulge who the manager is? Can't really think.....

Because it is a limited company, not a "fund", where the management of the finances is the responsibility of the board of directors and company secretary if they have one. For a small company it is not a legal requirement to have company secretary.
The generally accepted understanding of a "fund" which would require a manager is:
A pool of money from many individuals which the fund manager uses to invest in a broad range of assets to grow the money on behalf of the individual investors.
What we have with "The Fund" is more like: a sum of money available for a particular purpose.
The purpose being as per "The Powers" in the Articles of Association. I posted them somewhere on here recently. 

[mercury]

OK thanks Alice, but I will opt for not giving myself a migraine by reading further

 

[Eleanor]

Hmmm, that would be understandabie, as I can't really think of any other reason. Then again, if anyone wanted to "hound" they don't really need a name.

No, they need a named individual to hound, not just a title.  "Dear Mr or Mrs Fund Manager we think you are shite and should be ashamed of yourself" doesn't have quite the same impact.

[mercury]

No, they need a named individual to hound, not just a title.  "Dear Mr or Mrs Fund Manager we think you are shite and should be ashamed of yourself" doesn't have quite the same impact.

 

Good one, still, the secrecy is par for the course, which is the opposite of transparency of the "charities" kind which was promised, you just have to read the website findmadeleine.com to see

http://findmadeleine.com/about_the_campaign/index.html

[Alfred R Jones]

No, they need a named individual to hound, not just a title.  "Dear Mr or Mrs Fund Manager we think you are shite and should be ashamed of yourself" doesn't have quite the same impact.

quite.  I would think it really very sensible of the Fund directors not to allow any fund manager's name to be dragged through the mud and back,  as theirs have been relentlessly for the last eight years.