Mzee Noah,

Thanks for your wishes.

Do not confuse the rights to see, discuss and query.

Because we are transparent and a public institution, the public has the right to see, the public has the right to discuss.

Members however have the right to query any details in the Financials.

Nice day.

Sunday.

On 25/05/2017 08:20, Noah wrote:
Oga Sunday,

I wish you a safe trip to Nairobi.

So the FS was published to the public through the [email protected] <mailto:[email protected]> mailing list. If indeed AFRINIC's board wish was for the FS to be discussed only by its resource members then they should have restricted it to only the membership. The FS is also publicly published on AFRINIC website. Its only logical that the FS in this case is discussed across the board by both the community and membership at large.

Noah

On Thu, May 25, 2017 at 1:56 AM, Sunday Folayan <[email protected] <mailto:[email protected]>> wrote:

    Jambo Noah,

    I shall cross-check and revert later, because I have started my
    in-country trip, destination Nairobi.

    You may want to appropriately address Financials, through
    [email protected] <mailto:[email protected]>.

    Best Regards,

    Sunday Folayan


    On 24/05/2017 23:20, Noah wrote:
    Hello Board Chair,

    While going through this approved Financial Statements by the
    Board, I have noted concerns that needs some clarifications.

    1. Total emoluments and other benefits given to directors by the
    Company during the year *2016 were 164.72*  compared to *74.49 in
    2015 a 221% increase in spend on directors*.

    Can I ask the reason for such an Increase and can the membership
    have a breakdown of this figure made public.

    2. At 31 December 2016, trade receivables amounting to *USD
    39,199 in 2016* compared to *2015 : USD 26,098*, were impaired
    and written off during the year meaning we are not managing our
    collections. This situation was expected to improve but that
    doesn't seem to be the case.

    Can I get some clarifications considering in Gaborone when I
    tasked the board for explain, the board indicated the situation
    would improve.


    Noah





    Noah

    On Wed, Apr 26, 2017 at 10:58 AM, AFRINIC Communication
    <[email protected] <mailto:[email protected]>> wrote:

        Dear Colleagues,

        AFRINIC is pleased to advise that the Annual Financial
        Statements for the financial year to December 2016 is now
        available at:
        https://www.afrinic.net/images/doc/Unsigned_AFS_2016.pdf
        <https://www.afrinic.net/images/doc/Unsigned_AFS_2016.pdf>

        Kindly take note that, at its meeting on the 19th April 2017,
        AFRINIC Board approved the Audited Financial Statements as
        presented (board resolution 201704.332  -
        https://www.afrinic.net/about/bod/meeting/2017#r332
        <https://www.afrinic.net/about/bod/meeting/2017#r332>).

        All the required signatures are being assembled and once
        completed, a fully signed and complete set of 2016 Audited
        Financial Statements together with the signed External
        Auditors reports and Opinions shall be published.

        As per the bylaws Section 7.6  the audited financial
        statement will be presented at the AGMM on 1 June 2017, for
        adoption by the members.






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-- *./noah*


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