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Nairaland Forum / Nairaland / General / Politics / Feminist Coalition Publishes Audited Accounts Of #EndSARS Donations (19447 Views)
Feminist Coalition Reacts To Allegation Of Misappropriation Of EndSARS Donations / Feminist Coalition Accused Of Withdrawing $51,000 From #EndSARS Donations Wallet / Feminist Coalition Stops Accepting EndSARS Donations (2) (3) (4)
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Feminist Coalition Publishes Audited Accounts Of #EndSARS Donations by lalasticlala(m): 1:48pm On May 08, 2021 |
The Feminist Coalition shares an update on the completed Audit of the EndSARS funds donations. The feminist coalition which financed EndSARS was audited by the company, SIAO, for six-month period which ended on 31 march 2021. Recall that in March 2021, the Feminist Coalition was called out after their bitcoin transfer. They promised to be audited.. They published audited reports, but only sent to their donors. An act which has now sparked outrage on social media. The Feminist Coalition wrote on Twitter: Donors to the October 2020 peaceful #EndSARS protests have been emailed a copy of the completed audit. https://mobile.twitter.com/feminist_co/status/1390905160222793733 FEMINIST COALITION • ENDSARS PROJECT AUDITED ACCOUNT FOR THE SIX•MONTH ENDED 31 MARCH 2021 NOTES TO AUDITED ACCOUNTS 1 Donations The Feminist Coalition is an NGO registered in the United Kingdom that is estabished to fight the cause of women in the society. The Organisation became interested in the struggle to end Police brutality in Nigeria and got involved in its support by mobilizing finance to help fund the EndSARS protests across the Country. The protest, which took place between 9th October to 22nd October 2020, was partially coordinated by the organisation through the mobilisation of fund through online Flutterwave, Wallet platform, Kude Bank and Cryptocurrency. The total sum of N150,062,460.57 (One Hundred and Fifty Million, Sixty Two Thousand, Four Hundred and Sixty Naira, Fifty Seven Kobo ) only was realized from the donations platforms made which was opened on October 9th to October 22nd, 2020. The money was received through various currencies such as USD, CAD. GBP, EUR, GHS, KES, and BTC. The disbursement of these donations across the various protest centres was strategic In the sense that contact persons were identified at each of the centres, through whom the funds were disbursed. 2 Major items of Expenditure The major items of expenditures are as follows: EndSARS Response Project Unit (Note 2.1) 36,285,605.00 EndSARS Mental Health Support (Note 2.2) 6,121,678.73 EndSARS Reponse Medical (Note 2.3) 20,114,087.25 Victims Fund (Note 2.4) 45,682,000.00 Support for memorial (Note 2.5) 2,000,000.00 110,203,37018 2.1 EndSARS Response Project Unit This represents the fund that was given to the EndSARS Response Unit team for medical aid, emergencies and mecurity. EndSARS Response Unit is a team of volunteers dedicated to connecting peaceful protesters to dical aid nationwide. 2.2 EndSARS Mental Health Support This represents the money spent to provide mental health support for some survivors of police brutality. EndSARS Mental Health Support was a group of mental health professionals who volunteered and rendered mental health services to Nigerians across the country. 2.3 EndSARS Response (Medical) ) This represents money that was used to settle the medical bills of all those who were brutalised as well as those who lost their lives during the protests. 2.4 Victim's Fund This represents the money donated to survivors of Police brutality and families of deceased victims. 2.5 Support for Memorial of Victims This represents funds spent on immortalising the lives of victims of police brutality in the form of a memorial video hosted on YouTube. 2.6 Legal Aid Network This represents money that has been set aside to help seek legal opinion on certain actions that was taken in respect of the protest and to provide legal support to all those who were arrested by police. The money is in the bank account of Feminist Coalition for subsequent disbursement pending the official registration and proper organisational structure of the Legal Aid Network. The Legal Aid Network team have requested that the funds be held until they are ready. The Legal Aid Network is a team of volunteer lawyers working to help secure the release of arrested EndSARS peaceful protesters all over Nigeria 3 Cash and Cash Equivalents Balance at bank 15,741,460. The balance in the account is in the bank account of Feminist Coalition in Kuda Bank. 4 Accumulated Fund Balance as at 31 March, 2021, 15.741.460. 5 Contingencies and Commitments a Contingent Liability To the best of our knowledge and based on the information and explanations communicated to us, the Project do not have any legal action. b Commitment The Project committed the sum of N15,741,459 to a Team of Lawyers known as Legal Aid Network who volunteered to provide legal opinion on certain actions that was taken in respect of the protest and to provide legal support to all those who were arrested by the Police. 6 Events alter the reporting period. The Project has made a commitment to Legal Aid Network to the tune of N15,741,459 to help volunteer Lawyers pursue all legal cases relating to the protest. 7 Comparatives Figures These accounts do not have comparative figures since this is the first set of accounts. 8 Approval of Accounts The accounts were approved by the Project Managers. Here is link to the Femco audited accounts https://drive.google.com/file/d/1-q4FJarjrRn0rCLarLvqKRLLSB04qVMS/viewhere 2 Likes
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Re: Feminist Coalition Publishes Audited Accounts Of #EndSARS Donations by Akwamkpuruamu: 1:50pm On May 08, 2021 |
Nice one. Who says there's no sanity in the youths of this generation Until we begin to believe in ourselves as youths, all the age mates of Buhari and Tinubu will be taking as for a ride. God Bless #endsars youths 86 Likes 4 Shares |
Re: Feminist Coalition Publishes Audited Accounts Of #EndSARS Donations by donstan18: 1:53pm On May 08, 2021 |
Audit with no ICAN stamp and seal? Is this how a certified audit looks like? Just vibes, signature, menstrual cramps and pressure-induced fvckery on a white sheet. To even think they attempted to release this fraudulent unverified statement as an audit due to the much pressure of giving accountability by the donors further proves that those lining up and waiting for steal and embezzle in this country are more that those stealing and embezzling. This is not how and what a verified and well certified Audit looks like. 76 Likes 8 Shares |
Re: Feminist Coalition Publishes Audited Accounts Of #EndSARS Donations by 360degreess(m): 1:59pm On May 08, 2021 |
The aftermath of that nonsense called #ENDSARS is major cause of insecurities in this country either we like it or not.. 62 Likes 6 Shares
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Re: Feminist Coalition Publishes Audited Accounts Of #EndSARS Donations by helinues: 2:00pm On May 08, 2021 |
See youths of tomorrow, from N150m dem don spend am reach meagre N14m within 6 months with no tangible proofs of what they have done with the money than we buy this we fix this.. Chai.... See looting of the biggest order 54 Likes 9 Shares |
Re: Feminist Coalition Publishes Audited Accounts Of #EndSARS Donations by 360degreess(m): 2:00pm On May 08, 2021 |
Akwamkpuruamu:..If you were a victim of those hoodlums (#ENDSARS), you wouldn't have been here typing this nonsense... 52 Likes 5 Shares
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Re: Feminist Coalition Publishes Audited Accounts Of #EndSARS Donations by BaddieFreak(f): 2:01pm On May 08, 2021 |
Okay |
Re: Feminist Coalition Publishes Audited Accounts Of #EndSARS Donations by Akwamkpuruamu: 2:01pm On May 08, 2021 |
donstan18: EndSars really gave zonebs sleepless nights. But worse than EndSars is here and zombies are speechless.... Fulani bandits 43 Likes 1 Share |
Re: Feminist Coalition Publishes Audited Accounts Of #EndSARS Donations by Reminez(m): 2:03pm On May 08, 2021 |
Las las...everybody nah barawo for this country 8 Likes 1 Share |
Re: Feminist Coalition Publishes Audited Accounts Of #EndSARS Donations by Reminez(m): 2:04pm On May 08, 2021 |
donstan18: For real 4 Likes |
Re: Feminist Coalition Publishes Audited Accounts Of #EndSARS Donations by OkpaNsukkaisBae(m): 2:05pm On May 08, 2021 |
Okay |
Re: Feminist Coalition Publishes Audited Accounts Of #EndSARS Donations by ExpertEDITOR: 2:05pm On May 08, 2021 |
These ones must think all Nigerians are dumb. Anyways, they have done their own cash out like the politicians. But make dem no deh claim say dem better pass the politicians. FUTURE IS FEMAIL in looting. 16 Likes |
Re: Feminist Coalition Publishes Audited Accounts Of #EndSARS Donations by flemsy15(m): 2:12pm On May 08, 2021 |
So this matter is still lingering? Small money dey cause wahala, imagine being in a public office where billions flow 2 Likes |
Re: Feminist Coalition Publishes Audited Accounts Of #EndSARS Donations by nairalee(m): 2:12pm On May 08, 2021 |
I didn't understand earlier but I now guess it means The Future is Female The Feminism is Female The Fraud is Female InFact The Fuckery is Female 10 Likes |
Re: Feminist Coalition Publishes Audited Accounts Of #EndSARS Donations by flowsir(m): 2:13pm On May 08, 2021 |
Ok |
Re: Feminist Coalition Publishes Audited Accounts Of #EndSARS Donations by SamuelAnyawu(m): 2:13pm On May 08, 2021 |
No Audit firm stamp? 3 Likes |
Re: Feminist Coalition Publishes Audited Accounts Of #EndSARS Donations by oluwaseyi0: 2:14pm On May 08, 2021 |
It's like before a thread is push to front page all zombies are first assemble to have a feast and masturbate on the thread 6 Likes 1 Share |
Re: Feminist Coalition Publishes Audited Accounts Of #EndSARS Donations by Firstorderwizard(m): 2:14pm On May 08, 2021 |
Rare picture of afonja lawmakers calling for the creation of a local govt for Benin IDP campers 13 Likes
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Re: Feminist Coalition Publishes Audited Accounts Of #EndSARS Donations by WiszyFraud: 2:14pm On May 08, 2021 |
Did you know?? Be careful with your words, because once they've been said, they can only be forgiven; not forgotten. 3 Likes |
Re: Feminist Coalition Publishes Audited Accounts Of #EndSARS Donations by Maxymilliano(m): 2:14pm On May 08, 2021 |
The Endsars protests really put a scare on the government and one.of the major reasons behind the ban on crypto transactions 9 Likes 1 Share |
Re: Feminist Coalition Publishes Audited Accounts Of #EndSARS Donations by bigdammyj: 2:15pm On May 08, 2021 |
Noted |
Re: Feminist Coalition Publishes Audited Accounts Of #EndSARS Donations by KahlDrogo(m): 2:15pm On May 08, 2021 |
Stupid thread for iPods to masturbate on. South East Yemen is trending. Let us focus on that. 4 Likes 1 Share |
Re: Feminist Coalition Publishes Audited Accounts Of #EndSARS Donations by wonder233: 2:15pm On May 08, 2021 |
I don't care. It has nothing to do with me |
Re: Feminist Coalition Publishes Audited Accounts Of #EndSARS Donations by Kobicove(m): 2:16pm On May 08, 2021 |
Why should there be an uproar cos they only sent the report to their donors? It is to the donors that they owe a duty of care therefore people who did not make a financial contribution have no rights whatsoever to request a copy of the financial report! 7 Likes 2 Shares |
Re: Feminist Coalition Publishes Audited Accounts Of #EndSARS Donations by money121(m): 2:16pm On May 08, 2021 |
Noted |
Re: Feminist Coalition Publishes Audited Accounts Of #EndSARS Donations by wisestman(m): 2:16pm On May 08, 2021 |
Please guys help me wish the greatest woman in my life, a happy birthday. Shout out to her Instagram handle @ngoziokundaye 9 Likes
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