Dear Chair,
Would you care to share with the community where this alternative source of
funding is coming from? Are these funds coming from other AFRINIC reserves?
How will this impact the day to day operations in AFRINIC?
Regards
Paul Wollner
---- On Sat, 24 Jul 2021 18:25:40 +0200 <[email protected]> wrote ----
Dear AFRINIC Members,
AFRINIC has been notified by one of its bank that its accounts have
been temporary frozen due to legal action by Cloud Innovation
Ltd. AFRINIC has not yet received the relevant information on this
matter showing the basis of Cloud Innovation Ltd's claims, and
AFRINIC has not yet been given the opportunity to respond to this
action. It will, at the first opportunity, exercise all legal rights
available to it before the Court.
The Board of Directors held an urgent meeting last night. It
identified alternate means of funding so that the company can cover
the financial expenses incurred to run its services.
Regards,
Subramanian Moonesamy
Chairman,
AFRINIC Board of Directors
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