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Old 08-09-2007, 07:49 PM   #63
Pucianno Lavarotti
 
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Join Date: Jul 2007
Location: Sussex

Quote:
Originally Posted by ceiron View Post
wat i wanna know is if the parents are to blame what will happen too all the money raised and the money they have wasted.

From the Trust website:

Madeleine’s fund is a non charitable not-for-profit company, which has been established to help find Madeleine McCann and to support her family and bring her abductors to justice. Any surplus funds will be used to help families and missing children in the United Kingdom, Portugal and elsewhere in similar circumstances. If there are surplus funds Madeleine’s Funds can be converted into a charity.

The Fund is following best practice governance procedures as set out in the Good Governance Code for the Voluntary and Community Sector. The directors of the company are Peter Hubner, Brian Kennedy, John McCann, Esther McVey, Doug Skehan and Philip Tomlinson. They have appropriate legal, business and charitable experience. An experienced Fund Administrator has been appointed to ensure the highest standards of transparency and accountability. This should enable the Directors to maintain an appropriate governance distance in the day-to-day operations of the Fund.

The Board and its individual Directors will ensure that the Fund is subject to required financial legal scrutiny. They will ensure that they receive reliable external advice and information, as the basis for making good decisions.

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