[Community-Discuss] South Africa ISPA Statement on Recent AFRINIC developments

[Ronald F. Guilmette]

In message <354F6704-0224-4525-B26B-D9B259FB2716 at delong.com>, 
Owen DeLong <owen at delong.com> wrote:


>> Show me where AFRINIC took *any* action to in any way remove any of its

>> bank assets or to place any of them in any place outside of the jurisdiction

>> of, or beyond the control of the court.

>

>AFRINIC has relatively limited income. They have a burn rate that is not far

>from their income. Their day to day expenses, especially in light of their

>propensity for board travel, etc. could easily be used to dissipate a substantial

>fraction of their current holdings...


That's bullshit.  The entire AFRINIC budget for 2015, which I saw, was
something just a bit north of $4 million USD.  I suspect that the
organization proabbly has at least 1/4 of that amount on hand and in
the bank at any given time to pay expenses.

So where exactly do you think the jet-setting board members are going to
fly off to that is going to cost even a "substantial fraction" of that?
Mars?

Owen, the more you talk, the more laughable and the more extreme you get.


>which fall well short of what the courts

>consider to be a likely judgment in the case.


Stop lying and stop putting words into the mouth of the judge.  The court
has rendered -no- opinion on the "likely judgment in the case".  Indeed,
the court hasn't even begun to consider the merits of the case.  All that
has happened is that one judge made a decision to do exactly and only
what Lu Heng's high-priced and undoubtedly well-connected Appleby lawyer
asked that judge to do, and only in a one-sided EX PARTE context, where
only one side was even present to argue its side of things.

That's not even a remotely fair way to decide such weighty and consequential
matters, and it reeks like a whore house at low tide.


>>> The only reason the restraint "threatens" the

>>> existence of the organization is because the organizations finances have

>>> not been arranged in a proper way.

>>

>> That is also bullshit.

>

>Not entirely so, no.


Prove it.

Where is the actual evidence that AFRINIC's "finances have not been arranged
in a proper way"?

It is "put up or shut up" time, for ALL of the speculative and false
assertions that have been made here, based on absoluetly -zero- actual
evidence.


>The true value expressed in the law suit is $1.8 billion USD.


Thank you for at least being honest about this one already known and
established public fact.


Regards,
rfg