[Community-Discuss] [members-discuss] Update on legal case

[Paul Wollner]

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  <chair at afrinic.net> 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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