MADDIE COFFERS‘Find Madeleine McCann’ fund stands at £750k as parents Kate and Gerry vow to pay for private detectives after cops end hunt

'Find Madeleine McCann' fund stands at £750k as parents Kate and Gerry vow to pay for private detectives after cops end hunt ...  

Tracey Kandohla The Sun 



The search for Maddie has extended past a decade after she went missing during a family holiday in Portugal


 PUBLIC fund set up to find Madeleine McCann today stands at nearly three quarters of a million pounds, according to latest official figures.


In the past Maddie’s parents have dipped into the pot to pay for their own private investigators during three years no British or Portuguese authority was actively looking for their daughter.


Kate and Gerry vow to make use of lifeline savings to help find Maddie if anticipated British police funding is not forthcoming. They insist they will fund a continuing global hunt themselves.

A close friend said: “They are prepared to pay, yet again, for a new team of investigators despite in the past it has proven to be extremely costly.”

Over the past 10 years the Maddie Fund has been as high as nearly £2 million and as low as  £125,175.

The Madeleine Fund, officially called Leaving No Stone Unturned Ltd was launched shortly after the youngster went missing during a family holiday in Portugal in May 2007.

Its sole purpose of to find Maddie, support her family and bring her abductors to justice.

Legal restrictions meant it could not be set up as a charity, so it is run as a not-for-profit company by a board made up of Maddie’s parents, colleagues and relatives.

Together they pledged: “We will continue to ensure that Madeleine is not forgotten and will leave no stone unturned in our continued search for her.”


A source close to the couple had previously said Kate and Gerry realised the Met Police inquiry could not go on forever, and that the pair were making contingency plans for the future.


The most recent accounts filed last month covering the financial year 2015-2016 show a balance of £714,800. Of this total £547,226 is classed as “restricted funds” having been siphoned into a separate account. Accounts for the financial year 2016-17 do not have to be filed until the end of December – to be made public in mid May next year (2018).

It is understood that neither Kate nor Gerry, a world renowned cardiologist, draw any living costs from the Fund – although it once paid their mortgage for two months while they remained in Portugal as suspects in their daughter’s disappearance in 2007.

A McCann pal told The Sun Online: “Some of the savings have been moved into fixed asset account, like a breakaway fund, which financial experts have advised them to so.

"It can be used for purchases like buying a house or building equipment.

"But right now the focus if on using it towards fees for a new round of private investigators if needed.”

Former GP Kate and now medical worker and heart doctor Gerry, both 49, of Rothley, Leics, cling onto a glimmer of hope that Maddie could still be alive.

She would now be aged 14 and as The Sun Online revealed earlier this week would be sitting her GCSEs at a secondary school which still holds a place for her.

Maddie’s desperate parents took on three different firms of private eyes over four years before Op Grange was launched in May 2011 on orders of the then Prime Minister David Cameron and to the cost of the British taxpayer.


The Home Office yesterday revealed they have still not got any new request for additional resources from the Met Police.

A spokesperson told The Sun Online: “To date we have not received any request for extra funding. That doesn’t mean we may not receive one.

“Scotland Yard can request whatever special grant they want but must justify what the money will be spent, with a specific breakdown, and we will assess it and say ‘yes or no.’

The Spokesman said that because it is “such a high profile case” the decision may rest with Home Secretary Amber Rudd instead of the Special Grants Committee.

Firstly, they employed Spaniards Metodo 3 in October 2007 but sacked them when M3 boss Francisco boasted: “Madeleine will be home by Christmas.”

Next came private investigators Oakley International, an A-team of former British special forces soldiers and US security agents run by Brit Kevin Halligen, from March to September 2008.

But they were ditched when Halligen was later exposed as a fraudster and jailed.

He is alleged to have fleeced the Maddie Fund out of £150,000 with bogus invoices and inflated expenses.

A third team was hired after Portuguese police shelved their investigation in summer 2008 were Alpha Investigations run by ex-RUC officer David Edgar and former Merseyside detective Arthur Cowley.

But they stepped down after nearly three years when the Met Police came on board to the cost of the public purse and not the Maddie Fund.

https://www.thesun.co.uk/news/4351369/madeleine-mccann-search-fund-parents-kate-gerry-police-latest/

Get'emGonçalo wrote: 'Find Madeleine McCann' fund stands at £750k as parents Kate and Gerry vow to pay for private detectives after cops end hunt ...  

Tracey Kandohla The Sun 



The search for Maddie has extended past a decade after she went missing during a family holiday in Portugal


 PUBLIC fund set up to find Madeleine McCann today stands at nearly three quarters of a million pounds, according to latest official figures.


In the past Maddie’s parents have dipped into the pot to pay for their own private investigators during three years no British or Portuguese authority was actively looking for their daughter.


Kate and Gerry vow to make use of lifeline savings to help find Maddie if anticipated British police funding is not forthcoming. They insist they will fund a continuing global hunt themselves.

A close friend said: “They are prepared to pay, yet again, for a new team of investigators despite in the past it has proven to be extremely costly.”

Over the past 10 years the Maddie Fund has been as high as nearly £2 million and as low as  £125,175.

The Madeleine Fund, officially called Leaving No Stone Unturned Ltd was launched shortly after the youngster went missing during a family holiday in Portugal in May 2007.

Its sole purpose of to find Maddie, support her family and bring her abductors to justice.

Legal restrictions meant it could not be set up as a charity, so it is run as a not-for-profit company by a board made up of Maddie’s parents, colleagues and relatives.

Together they pledged: “We will continue to ensure that Madeleine is not forgotten and will leave no stone unturned in our continued search for her.”


A source close to the couple had previously said Kate and Gerry realised the Met Police inquiry could not go on forever, and that the pair were making contingency plans for the future.


The most recent accounts filed last month covering the financial year 2015-2016 show a balance of £714,800. Of this total £547,226 is classed as “restricted funds” having been siphoned into a separate account. Accounts for the financial year 2016-17 do not have to be filed until the end of December – to be made public in mid May next year (2018).

It is understood that neither Kate nor Gerry, a world renowned cardiologist, draw any living costs from the Fund – although it once paid their mortgage for two months while they remained in Portugal as suspects in their daughter’s disappearance in 2007.

A McCann pal told The Sun Online: “Some of the savings have been moved into fixed asset account, like a breakaway fund, which financial experts have advised them to so.

"It can be used for purchases like buying a house or building equipment.

"But right now the focus if on using it towards fees for a new round of private investigators if needed.”

Former GP Kate and now medical worker and heart doctor Gerry, both 49, of Rothley, Leics, cling onto a glimmer of hope that Maddie could still be alive.

She would now be aged 14 and as The Sun Online revealed earlier this week would be sitting her GCSEs at a secondary school which still holds a place for her.

Maddie’s desperate parents took on three different firms of private eyes over four years before Op Grange was launched in May 2011 on orders of the then Prime Minister David Cameron and to the cost of the British taxpayer.


The Home Office yesterday revealed they have still not got any new request for additional resources from the Met Police.

A spokesperson told The Sun Online: “To date we have not received any request for extra funding. That doesn’t mean we may not receive one.

“Scotland Yard can request whatever special grant they want but must justify what the money will be spent, with a specific breakdown, and we will assess it and say ‘yes or no.’

The Spokesman said that because it is “such a high profile case” the decision may rest with Home Secretary Amber Rudd instead of the Special Grants Committee.

Firstly, they employed Spaniards Metodo 3 in October 2007 but sacked them when M3 boss Francisco boasted: “Madeleine will be home by Christmas.”

Next came private investigators Oakley International, an A-team of former British special forces soldiers and US security agents run by Brit Kevin Halligen, from March to September 2008.

But they were ditched when Halligen was later exposed as a fraudster and jailed.

He is alleged to have fleeced the Maddie Fund out of £150,000 with bogus invoices and inflated expenses.

A third team was hired after Portuguese police shelved their investigation in summer 2008 were Alpha Investigations run by ex-RUC officer David Edgar and former Merseyside detective Arthur Cowley.

But they stepped down after nearly three years when the Met Police came on board to the cost of the public purse and not the Maddie Fund.

https://www.thesun.co.uk/news/4351369/madeleine-mccann-search-fund-parents-kate-gerry-police-latest/

OH DEAR!  With "friends" like TK, who needs enemies?

The donators of the Find Madeleine fund are going to LOVE this:

A McCann pal told The Sun Online: “Some of the savings have been moved into fixed asset account, like a breakaway fund, which financial experts have advised them to so. It can be used for purchases like buying a house or building equipment".

Why wouldn't every penny be spent on the search for Maddie until she is found?
Why would any expert advise a breakaway fund whilst little Maddie is still missing?
If Maddie were to be found IIRC there was a statement some time ago that any money still in the fund would be used to look for other missing people but maybe I am wrong?

Don't forget to sandwich in the money given to the Limited Company by News of the World who promised public donations would go to good causes with charitable status.The McCanns accepted this money into their 'fund' and no mention of it has been made - indeed the money hasn't been directed to the appropriate charities in the interest of transparency of course.

Kandohla's truly lost the plot.  She might be a life-line but she's not doing them any favours.  You know what they say..



...... stop digging.

Besides, this very same news was been periodically trotted out for a few years.  Here's an example..

'We will never give up': Kate and Gerry McCann vow to carry on search for missing Madeleine as Scotland Yard winds down its investigation 

• Scotland Yard announced £10m investigation has been scaled down 
  
• But her parents have vowed to continue the search using private means 
  
• Family 'still believe' that Madeleine will be found alive after eight years
  
• Fund built up to find missing youngster has a reported £750,000 left
  

October 2015


http://www.dailymail.co.uk/news/article-3296586/Kate-Gerry-McCann-vow-carry-search-missing-Madeleine.html

How much of that £750k will they have left after they've paid GA's court costs?

Probably not enough to buy property, although probably enough to buy building equipment. Maybe Gerry could buy another couple of spades - one for Kate and another one for Tracey, like the one he's using in Verdi's pic.

Bit dodgy that.  Never know what they might dig up.

"Legal restrictions meant it could not be set up as a charity"

What might those be, Tracey? Legal restrictions that would force the Fund to comply with Charities Act requirements?

Get'emGonçalo wrote:How much of that £750k will they have left after they've paid GA's court costs?

Probably not enough to buy property, although probably enough to buy building equipment. Maybe Gerry could buy another couple of spades - one for Kate and another one for Tracey, like the one he's using in Verdi's pic.

Do they have any intention of paying Gonçalo Amaral's costs? I somehow doubt it. I wonder if a Portuguese court has the jurisdiction to force them to pay.

Plebgate, quite correct;
 
The amendment filed at Companies House 17^th December 2011, when they dropped off the ‘to provide financial assistance to the family’ bit:
 
Objects
 
2B       The objects of the Foundation are
 
            2B 1 1              To secure the safe return to her family of Madeleine McCann who was abducted in Praia da Luz, Portugal on Thursday 3rd May 2007; and
 
            2B 1 2              To procure that Madeleine's abduction is thoroughly investigated and that her abductors, as well as those who played or play any part in assisting them, are identified and brought to justice
 
            2B 2                 If the above objects are fulfilled then the objects of the Foundation shall be to pursue such purposes in similar cases arising in the United Kingdom, Portugal or elsewhere.
 
………………………………………………………
 
As for Tracey, where does she dig up this rubbish?
 
‘The most recent accounts filed last month’
 
Accounts have to be filed by 31^st December and if filed at the last minute, as has been the practice, are ‘public’ from early January.
 
‘Accounts for the financial year 2016-17 do not have to be filed until the end of December – to be made public in mid May next year (2018)’
 
No, the ‘Confirmation Statement’, which has no useful information of any sort, has to be filed in May.
 
‘A McCann pal told The Sun Online: “Some of the savings have been moved into fixed asset account, like a breakaway fund, which financial experts have advised them to so.

"It can be used for purchases like buying a house or building equipment.’
 
Quite how buying a house or building equipment (are we talking about a Mark 2 version of the hair locator here?) ties in with any search is beyond me.
 
Have Tracey and KM fallen out maybe?

Cmaryholmes wrote:

Get'emGonçalo wrote:How much of that £750k will they have left after they've paid GA's court costs?

Probably not enough to buy property, although probably enough to buy building equipment. Maybe Gerry could buy another couple of spades - one for Kate and another one for Tracey, like the one he's using in Verdi's pic.

Do they have any intention of paying Gonçalo Amaral's costs? I somehow doubt it. I wonder if a Portuguese court has the jurisdiction to force them to pay.

Surely under EU legislation a debt can be pursued across borders?

Rogue-a-Tory wrote:

Surely under EU legislation a debt can be pursued across borders

By default there's always Carter Ruck.  They're good at screwing money out of people - they must be at a loose end these days .

" Buying a house or building equipment " 

Would that be a Wendy House and Lego bricks ? 

Does anyone have any idea when the court costs must be paid by ? That's being kept very hush hush isn't it 

Why am I not surprised ?

sandancer wrote:" Buying a house or building equipment " 

Would that be a Wendy House and Lego bricks ?

Nah!  A fall-out shelter

Verdi wrote:

sandancer wrote:" Buying a house or building equipment " 

Would that be a Wendy House and Lego bricks ?

Nah!  A fall-out shelter

Hi Verdi,do you think that the Metropolitan Police Force are going to close the Operation Grange Case or shelved it due to "Insufficient evidence"?
"Well if you don't look you won't find any would you",What do you think about that Assistant Commander Mark Rowley on your latest revelation to the News Papers,that in regard to the disappeared Child Madeleine McCann."That there is No Evidence to conclude as to whether Madeleine is a live or Dead"?
Are you concluding that Martin Grimes Crime dogs Eddie,Keela,alerts to clothing,Key fob,Renault Scenic Boot and the drivers Door side,(LHD) as irrelevant?

Many moons ago I made several comments on the forum as to the use of the Limited Company's funds.

In particular, I spoke of using the Fund to ensure the safety of the twins and placing them in private education to remove them from the spotlight. After all, the Fund is there to assist the family and why would the public object to the twins having a private education away from the media at the expense of donations.

The Lisbon damages trial caused Kate McCann to spout that her son had heard nasty things about his parents by Goncalo Amaral on a school bus radio. No-one to my knowledge has ever heard this radio broadcast - despite the McCann's media monitoring effort no such tangible evidence was produced in the Lisbon court.

This 'trial' brought on by the McCanns could have been held in camera. I believe from what I've read that Goncalo Amaral pointed this out but the McCanns went for maximum publicity. That's my understanding.

In the last few days, Kandohla of the Sun has revealed the name of the state school attended by the McCann twins which I consider to be cruel and despicable not only to Madeleine's siblings but to all pupils in that school - the school Madeleine never attended and which is now tainted by the disappearance of Madeleine.

Kandohla has now produced a controversial statement that funds have been siphoned into a separate account. Note the word 'siphoned' because it's an unusual term to use for monies legitimately earmarked and legitimately managed.

Also note that there hasn't been a single mention in the UK media of the court cost repayment in Lisbon.

sounds like "someone" is being "softened up"

sar wrote:sounds like "someone" is being "softened up"

I tend to think of it as strategic crisis creation.