WT UK part I: IBSA trustee reports and financials

by expatbrit 19 Replies latest jw friends

  • slipnslidemaster
    slipnslidemaster

    I'm wondering if the recent reorganization isn't an attempt to better hide the money trail.

    Slipnslidemaster: Doin' the humpty hump...just doin' the humpty hump...

  • MacHislopp
    MacHislopp

    Hello Expatbrit,

    thanks for the update on the post,
    the other figures etc. For the sake of giving a little
    idea in other currencies allow me to add this:

    "International Bible Students Association / London (U.K.)

    Total Assets less liabilities
    at 31 August 2000…………….

    British Pounds …….42,839,607.0

    U.S.A. Dollars (1,44)
    equivalent: 61,668,903

    EURO 1.63 " 69,828,550.41

    AUS 2.72 " 116,523,731.04

    CAD 2.21 " 94,675,531.47

    D.M. 3.2 " 137,086,742.40

    YEN 177.75 " 7,614,740,144.25

    ITL 3.126 " 133,940,173,265.85

    Fr. Sv. 2.48 " 106,242,225.36

    Fr.F. 10.6 " 454,099,834.2

    FB. 65.14 " 2,790,571,999.98


    Note: rates from: WM Company, RB of Canada,B d France, B of Tokyo-Mitsubishi.-"
    24.05.2001

    Agape, J.C. MacHislop^p

    P.S. If there is any error...is
    entirely my fault.

    Excellent point from slipnslidemaster:

    "I'm wondering if the recent reorganization isn't an attempt to better hide the money trail."

  • MacHislopp
    MacHislopp

    Hello Expatbrit,

    here is the other one, concerning WB&TS of Penn.:

    Watchtower Bible and Tract Society of Pennsylvania
    Pennsylvania reg. n° 11- 1857820

    Nets assets Year ended 31 August 1998……U.S.A. Dollars…………634,223,848

    EURO 1.13 equivalent 716,672,948

    Brit.Pound 0.70 " 456,641,170.56

    CAD 1.54 " 976,704,725.92

    D.M. 2.21 " 1,401,634,704.08

    YEN 123.4 " 78,263,222,843.2

    ITL 2.192 " 1,390,218,674,816

    Fr Sv. 1.73 " 1,099,109,928.58

    FrFr. 7.42 " 4,705,940,952.16

    F.B. 45.66 " 28,958,660,899.68


    Note: rates fromWM Company, R B of Canada, B de France, B of Tkyo-Mitsubishi -

    (Any mistake in the calculations is entirely mine).

    Agape, J.C. MacHislopp

  • Gianluca
    Gianluca

    WOW!! ITL. 133,940,173,265.85 and ITL. 1,390,218,674,816

    I would'nt mind 10 % of those sums!!

  • MacHislopp
    MacHislopp

    Hello Expatbrit,

    thanks again for your effort...
    gone to "WT Observer"!
    This topic should receive the GREATEST publicity!

    Agape, J.C. MacHislopp

  • MacHislopp
    MacHislopp

    Hello everyone,

    following a kind request, this post
    should receive the attention of the" WTS officials"
    responsible for giving informations to the newspapers.

    Agape to all, J.C.MacHislopp

    P.S. Let the light shine "in the dark places "

  • nicolaou
    nicolaou

    Thanks for the previous file you sent me Expat!

    I'll gladly take this and any other reports you are prepared to send me, be assured they will be made quite prominent!!

    Cheers,
    Nic'

    . http://www.do-not-call.org

    workgroup applications to:
    . http://communities.msn.co.uk/donotcall

  • badboy
    badboy

    SO THE IBSA NO LONGER EXISTS?

  • Nosferatu
    Nosferatu
    following a kind request, this post
    should receive the attention of the" WTS officials"

    Cool!
    HEY WATCHTOWER, GO F@#$ YOURSELVES!!!!

  • IT Support
    IT Support

    Slipslidemaster:

    I'm wondering if the recent reorganization isn't an attempt to better hide the money trail.

    A very astute observation.

    I was told by a 'Bethel heavy' that the reorganisation was to try to shield their funds from compensation claims by child abuse victims.

    The apparent intention was to create a clear and distinct separation between JW policies and doctrines--which nominally originate with the GB--and the administration of the various corporations, on whose boards of directors no GB members now sit.

    The GB would attempt to argue that the responsibility for any deficiencies in their child abuse policies would be theirs, and theirs alone. Therefore, if anyone was to be sued for compensation, it should only be the GB, and not the corporations. Sadly, however, the GB, individually and collectively, are 'men of straw' and possess no earthly assets...

    Regards,

    Ken

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