Is the maddie fund.... now a secret fund

[Carana]

This reads as if we're discussing apples, oranges and pears.

Which legal fees are posters here talking about?

[Brietta]

To be honest, if it was my daughter that had disappeared and I was completely innocent of any wrongdoing then I would spend ever hour I have looking for her in Portugual and not sitting on my backside in Rothley.  I don't care what anyone says, I think it very callous behaviour.

In my opinion that is unrealistic.  How would it have been possible to raise the twins in as normal a family environment as possible Portugal while spending every minute ... doing what exactly? Standing on street corners handing out flyers?
The Needhams who I believe had intended settling in Greece came home after Ben's disappearance, I've not seen any criticism of them for doing that, thank goodness.

[Carana]

If I understood that correctly I tend to agree.

People donated spontaneously. Some structure had to be set up to receive and manage them legally. Hence, the Fund. Otherwise, where would it have gone other than to their private bank accounts?

[pathfinder73]

Kate gave up her job didn't she?  I suppose you'd have her traveling the world knocking on paedos' doors.

From working 2 days a week.

"Kate's specialty is general medicine, and works two days a week. After the birth of the twins, Kate did not work for a year, on maternity leave, and currently works part-time as above."

http://www.mccannpjfiles.co.uk/PJ/GERRY-MCCANN-ARGUIDO.htm

[Mr Gray]

To be honest, if it was my daughter that had disappeared and I was completely innocent of any wrongdoing then I would spend ever hour I have looking for her in Portugual and not sitting on my backside in Rothley.  I don't care what anyone says, I think it very callous behaviour.

I find that an extremely silly idea..

[John]

In my opinion that is unrealistic.  How would it have been possible to raise the twins in as normal a family environment as possible Portugal while spending every minute ... doing what exactly? Standing on street corners handing out flyers?
The Needhams who I believe had intended settling in Greece came home after Ben's disappearance, I've not seen any criticism of them for doing that, thank goodness.

You can still be based in the UK yet be involved in searches in Portugal and Kos.

[kizzy]

What  the money from libel settlements?  Who said?  If the McCanns chose to put it in the Fund that was up to them - there was no obligation to anyone (apart from Madeleine) to do so - certainly it's none of your business what they did with their libel settlements.

No one mentioned libel settlements - but there again the fund would have paid for them to sue.


Sweet nothing' is all that Team McCann feel the good people who donated to that Find Madeleine Fund are worthy of.

 
When you ask the public for money -  it is only right morally  to act with honesty, integrity and transparency, to produce full and detailed accounts and not produce only that which one is obliged to by law.
 
Only then, will those who donated be able to see exactly for what purpose the money has been used for.

What has actually been spent - looking for maddie. '
 
Transparency Team clearly don't agree!

[jassi]

No one mentioned libel settlements - but there again the fund would have paid for them to sue.


Sweet nothing' is all that Team McCann feel the good people who donated to that Find Madeleine Fund are worthy of.


When you ask the public for money -  it is only right morally  to act with honesty, integrity and transparency, to produce full and detailed accounts and not produce only that which one is obliged to by law.
 
Only then, will those who donated be able to see exactly for what purpose the money has been used for.

What has actually been spent - looking for maddie. '
 
Transparency Team clearly don't agree!

No idea how much the public donated in total, but almost certainly this will have been spent long ago and replaced by money from book royalties  and various libel payouts.

[Mr Gray]

You can still be based in the UK yet be involved in searches in Portugal and Kos.

THats exactly what the mccanns ahve done...and not only that persuaded SY to spend 12 million trying to solve the mystery..well done the mccanns

[Erngath]

No one mentioned libel settlements - but there again the fund would have paid for them to sue.


Sweet nothing' is all that Team McCann feel the good people who donated to that Find Madeleine Fund are worthy of.

 
When you ask the public for money -  it is only right morally  to act with honesty, integrity and transparency, to produce full and detailed accounts and not produce only that which one is obliged to by law.
 
Only then, will those who donated be able to see exactly for what purpose the money has been used for.

What has actually been spent - looking for maddie. '
 
Transparency Team clearly don't agree!

Can you supply any evidence of any clamour from " those who donated to the fund " wanting "to see what purpose the money has been used ford"?
Any evidence at all of public disquiet and discontent?

[Erngath]

No idea how much the public donated in total, but almost certainly this will have been spent long ago and replaced by money from book royalties  and various libel payouts.

Indeed
I would suggest the major part of the fund was from the libel payouts and Kate's book royalties.

[Erngath]

THats exactly what the mccanns ahve done...and not only that persuaded SY to spend 12 million trying to solve the mystery..well done the mccanns

Indeed.

[Mr Gray]

Money was quite rightly spent from the fund to try and silence amaral who persuaded most of portugal that maddie was ..dead..the mccanns covered it up....and there was no need to look any further for maddie or her abductor

[G-Unit]

As with all funds one is at liberty to chose to donate or not.  Those have concerns about any aspect of the legality of the Fund as it affects them surely have a duty to report those concerns to the appropriate authorities.

In my opinion all else sails very close to a cowardly 'innocent face' wind.

As a limited company the Fund has no obligation to the public over and above it's legal obligations. Given it's unusual raison d'être the Fund has gone to the trouble to give extra undertakings. It lists these undertakings on it's website but has refused to fulfill them in practice. If any of that is untrue I am happy to be corrected.

[Alice Purjorick]

No idea how much the public donated in total, but almost certainly this will have been spent long ago and replaced by money from book royalties  and various libel payouts.

Nor any way of finding out. But "The Rough Guide To...." 
As at FY 2014 Gross Income £4.25MM
Income per book damages / book royalties at FY 2014 ca £2MM
Gross Trading Income ca £2.4MM [for 2007/2008 ca £1.4MM]
Gross Expenditure ca£3.2MM
After FY2014 who knows as the rules changed and only a balance sheet need be presented to Companies House.