Reply to post: Hold on - This reads exactly like a....

.UK overseer Nominet abandons its own charitable foundation – and why this matters

Anonymous Coward
Anonymous Coward

Hold on - This reads exactly like a....

Heist... How are they getting away with this?

'The end result is that the finances and decision-making of what is supposed to be a member-friendly organization are largely invisible to anyone but board members and staff. The potential for self-dealing is significant. And many continue to be alarmed at inflation-busting staff salaries and bonuses, as well as director remuneration that the organization awards itself year after year.'

'The unilateral decision to effectively kill off the organization's charitable foundation, with no consultation of members, has further raised concerns that Haworth is running what is supposed to be a steward of the UK's internet space as an investment vehicle, using the revenue from over-inflated .uk domain prices to fund a personal interest in security software.'

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