Monday

It was under great secrecy that Gerry McCann, Maddie’s father, entered the group of directors who manage the financial fund


McCann family controls the fund

By Duarte Levy

Despite his promises of transparency, it was under great secrecy that Gerry McCann, Maddie’s father, entered the group of directors who manage the financial fund that was created nine days after the little girl’s disappearance.

The ‘Find Madeleine’ officially collected almost three million euros, but not being a charitable institution, it is legally exempt from publishing its accounts, exhaustively explaining how the money was used, which doubtlessly explains the fact that the recently disclosed documents don’t include any reference to the payment of instalments of the mortgage on Kate and Gerry McCann’s house, as well as other personal expenses.

Gerry McCann himself recently told several media that the ‘Find Madeleine’ fund’s money is running out.

Gerry McCann’s entrance into the direction actually happens after several personalities who had initially supported the family, started distancing themselves from the couple, which has also coincided with a major diminution of financial income.

With Gerry McCann’s entry into the abovementioned fund’s direction, which officially took place late last year, Maddie’s parents assured complete control over the ‘Find Madeleine’ fund, given the fact that the majority of its directors are members of the McCann family: Kate McCann, Gerry McCann, Peter Hubner, Brian Kennedy, John McCann, Edward Smethurst, Doug Skehan, Jon Corner and Michael Linett.

source: 24horas, 13.04.2009
Translated by astro