Day 1224: 08/09/2010 Wednesday Madeleine Beth McCann: About the Fund

Day 1224: 08/09/2010 Wednesday Madeleine Beth McCann

 

About the Fund

Madeleine's Fund - 'Leaving No Stone Unturned' is a not-for-profit company which has been established to find Madeleine McCann, support her family and bring her abductors to justice. 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, Michael Linnett, Edward Smethurst, Jon Corner, Kate McCann & Gerry McCann. 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.

 

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Day 1220: 04/09/2010 Saturday. Madeleine Beth McCann. FUND PAGE RESIGNATIONS UPDATED

SEPTEMBER 2010


Day 1220: 04/09/2010 Saturday. Madeleine Beth McCann

 

FUND PAGE RESIGNATIONS UPDATED

Fund updates Douglas Skehan resignation 24/08/ 2010

 John McCann Resignation 23/07/2010

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(6) Who are the directors of Madeleine's Fund?

 

There are nine directors of the Fund. They are:

 

?                     Peter Hubner; a retired consultant;

 

?                     Brian Kennedy, a retired head teacher;

 

?                     Edward Smethurst - A Commercial lawyer;

 

?                     Jon Corner - Director of a media company;

 

?                     Michael Linett- retired accountant

 

?                     Kate McCann General Practitioner

 

?                     Gerry McCann Consultant Cardiologist

 

(7) What is the money being spent on?

 

The majority of the fund money has been and continues to be spent on investigative work to help find Madeleine. Additionally money continues to be spent on the wider 'Awareness Campaign' ‘reminding people that Madeleine is still missing and to remain vigilant. None of the directors have taken any money from the fund as remuneration.

 

Anyone who wishes further information with regards to the financial details of Madeleine's Fund and its professional advisors, please refer to the accounts filed at Companies House. Crown Way Maindy Cardiff CF14 3UZ

 

Day 132 - 12/09/2007 Wednesday , Madeleine Beth McCann

Day 132 - 12/09/2007 Wednesday, Madeleine Beth McCann

 

 

Statement by the Board of  Madeleine’s Fund:

Leaving No Stone Unturned Limited

12 September 2007 -

 

The Fund would like to thank everyone for their kindness, support and generosity. 

 

Madeleine’s Fund was set up to:

 

Find Madeleine;

 

Support the Family; and

 

Bring the abductor or abductors to justice

 

and subject to that to help other missing children

 

 

With the sudden dramatic and unexpected turn of events at the weekend the directors had to consider whether legal defence costs could be paid for by the Fund. 

 

 

The Board has taken advice from Bates Wells & Braithwaite London LLP and Christopher McCall QC.  The Board has been advised that payment of Gerry and Kate’s legal defence costs would be legally permissible subject to conditions about repayment in the event of a guilty conviction. 

 

 

The directors of the Fund discussed this today.  The two family directors, Brian Kennedy and John McCann withdrew from the meeting when the decision was made. Esther Mcvey chaired the meeting.

 

 

The Fund directors realise that there is not only a legal answer and recognise the spirit which underlies the generous donations to Madeleine’s Fund, which it

is the directors’ responsibility to steer.

 

 

For this reason the Fund directors have decided not to pay for Gerry and Kate’s legal defence costs.  We stress that Gerry and Kate have not asked for these costs to be paid.  However, people have already called in offering their financial support.  Any such fund to pay legal defence costs would have to be separately set up and administered.   

 

 

At the heart of this campaign and Fund is a little girl confused, lonely and in need of her parents.  This Fund’s money will be focused on finding that little girl and leaving no stone unturned. 

 

12 September 2007