A couple of points.
As a contributor to Madeleine fund and to the Amaral fund, I regard the contribution as an unconditional gift, and therefore the organisers are free to do what they wish with it. It does not confer any rights or obligations to provide detail. As with all things, if I am unhappy with the way that things pan out I would simply not contribute again.
Which leads me onto my second point. Is there any level of detail which would satisfy the sceptic community here and elsewhere? The fund already goes way beyond the legal requirements in providing objective and professional oversight of the funds activities. I can see no possible advantage to the McCanns in providing more detail.
I can only speak for myself J-P.
Once the cash has been lobbed out, if I lob it out, I will have no control how it is spent nor would I expect to have control as it then belongs to someone else.
As a small company "The Fund" is obliged to provide financial statements to CH which are little more than a signed balance sheet and a P & L. They have an audit which is not required by CH
unless a member has asked for one, so the fund go that little further in that respect. That is fine by me too; I only submit what I have to.
My main query is why state there will be "transparency" then not deliver?
I suppose it depends on one's definition of transparency.
So in a nut shell I don't care how the money is spent but don't try to pretend there is transparency when there are sums approaching £1MM as line items in the financial statements. Picky maybe but there you go.