eric07
Novice
May 14, 2009, 10:23 PM
Views: 61037
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Re: [melmel] DBKL DOG POUND CRUELTY
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Last night SPCA RESCUE TEAM was denied to overnite in the platform to rescue the dying dogs in P.Selat Kering. Reason being another group paid to kelong Indonesian fisherman to stop SPCA rescue team to rescue the dying dogs. Furry Friends Farm's Blog / Website clearly states that "FFF was originaly registered under a private company on 4th Oct 2006 under the ownership of Sabrina." ALL ROB and ROC companies have individuals/corporates as ultimate owner/shareholder and are FOR PROFIT to the individuals/corporates. No matter what they say ultimately the funds they collect belongs to the shareholders to use at their whims. It is illegal for them to receive donations. If the public "donates" to them, these "donations" are considered "Revenue" to these entities and shareholders can buy cars, go on holidays etc etc.... and all donors cannot say "I thought they go to the animals!" In this case if the entities are closed/dismantled all the funds go to the individuals that own the enterprises. Net of its expenses will be subject to tax @ 27% . Does she show how she spends it? SPCA is a NGO. a NON-PROFIT COMPANY, under the ROS(Registrar of societies )registered organisations are ALL non-profit, charitable orgs with a publicly declared Constituion, governed by credible Committee of between 12-20 Malaysians and PRs, a credible and respected Patron and Trustees to oversee usage of funds and funds are kept and used solely for the mission and objectives as stated in the Constitution. No individual is entitled to use these funds. Annual Audited statements must be submitted together with a list of all Committee members. If the society is closed for whatever reason, all the funds go to the Ministry of Finance.
(This post was edited by eric07 on May 14, 2009, 10:30 PM)
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