Beric’ht Talossan editor Sir Alexandreu Davinescu MC has announced that following BT’s investigation into the collapse of Talossa AID (TAID) US$192.56 has been recovered from the accounts of the defunct charity and has been donated to BHAID. Sir Alexandreu claims that “we have almost the complete story behind TAID at this point — how it began, who donated and how much, and how it ended”.
[ETT: Inxheneu Crovâ was appointed Administrator of BHAID on 27th November 2015]
Promising that “revelation has piled upon revelation” in the next issue of BT, which is due after the US Thanksgiving holiday, Sir Alexandreu stated that the newspaper has been able to contact S:reu Flip Molinar, who acted as financial trustee of Talossa AID, and was a founding director. Sir Alexandreu also claims that BT now has “managed to get the full records for the accounts, including all donations and expenditures”. This will resolve one striking anomaly in the available financial records already pointed out by ETT, where the cash balance appears to have been substantially understated, based on the income and expenditures reported.
A revised Financial Update by Burgermesiter of Internal Revenue Istefan Perþonest confirms that US$192.56 has been received from Molinar. As pointed out by Sir Alexandreu, these funds more than double the amount available to BHAID for its work.
Talossa AID, which managed to raise over US$700 during its existence in support of various human rights and international aid causes, appears to have collapsed completely following the renunciation of founding Board Convenor S:reu Istefan Lorentzescu in 2012. In announcing his renunciation S:reu Lorentzescu “left” Talossa AID to Flip Molinar, who had been responsible for financial matters since the organsations formation. Molinar appears to have become inactive in the organisation by 2011, having failed to vote in an attempt by Lorentzescu to wind up the charity.
While the contribution to BHAID made by Molinar was welcomed by Foreign Minister Breneir Itravilatx, he questioned the lack of notice of the transfer, stating that he was uncomfortble with the Bureau being “involved in the Talossa AID mess”. Sir Alexandreu responded that he “likes to get things done”, and that he was “really glad to be able to help out those people who donated to TAID but whose money was just sitting there for years (!!), and now that money can be passed on to people who need it”.
Sir Alexandreu was a notable critic of BHAID at the time of its establishment, predicting in his comments on the organisation’s founding legislation that it would be an “embarrassing failure“. He has also criticised the governors of BHAID in the columns of the latest issue of BT for an apparent lack of enthusiasm for donating to the latest fundraising drive themselves, stating that “some of the officials involved in the drive will now decide how to spend it..an odd state of affairs”.