Wendy, Thanks for raising this issue. For the record, I was neither the Chairperson, nor the Vice or even the treasurer. I was not a signatory to that account. I also raised the same issue during the Science Cafe at the Nalya meeting. I was not a signatory to the account and I was not in charge of the money. I also want my contribution. That initiative had several flows. We did not have a fund manager, neither where we educated about collective Investment Funds. We kept idle money which I understand other members ended up borrowing. I do not know the borrowers and I do not know whether borrowed funds where refunded. I did not borrow any money from that fund. Avutia was the treasurer. I think we shall cause a meeting of all the contributors of the Nile Initiative for a meeting. That time, we also did not have the Anti Corruption Court to Charge any person who embezzles public funds. But this new initiative is under a frame work of an organization which is Registered. The fund will be run by a professional fund manager registered and regulated by the Capital Markets Authority. I believe it will also be insured. For me I will try a short at it when the necessary guidelines are adopted by the Forum.
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