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Nairaland Forum / Nairaland / General / Politics / Feminist Coalition Reacts To Allegation Of Misappropriation Of EndSARS Donations (17402 Views)
Feminist Coalition Publishes Audited Accounts Of #EndSARS Donations / Feminist Coalition Accused Of Withdrawing $51,000 From #EndSARS Donations Wallet / Feminist Coalition Stops Accepting EndSARS Donations (2) (3) (4)
Feminist Coalition Reacts To Allegation Of Misappropriation Of EndSARS Donations by ednawande2580: 8:54pm On Mar 12, 2021 |
Feminist Coalition has reacted to allegations of ‘secretly’ transferring $51,000 (N23m) worth of bitcoin from donations received during #EndSARS protest that rocked Nigeria last October, into another wallet. Since the earlier hours of today, the not-for-profit organisation has been trending on Twitter following the allegations, with many calling them out to provide an explanation. Reacting to the development few hours later, Feminist Coalition released a statement detailing how it has disbursed funds since October 2020 when #EndSARS protest held nationwide. After the organisation stopped receiving donations on October 23, 2020, Feminist Coalition gave a summary of the total funds it had received and disbursed during the course of the protest. The group said it received a total of N14,855,788.28 and a total of N60,403,235.00 had been disbursed, leaving a total of N87,452,553.28. Feminist Coalition also gave a breakdown of how the remaining funds would be disbursed. It said the remaining funds would be channeled through #EndSARSresponse (Medical), Legal Aid Network, Relief for victims of police brutality and families of the deceased, Memorial for the fallen, and #EndSARSMentalHealthSupport. Giving an explanation about the Bitcoin transaction that they were accused of making, Feminist Coalition confirmed that there was a transfer of Bitcoin from its wallet to another one. It however said the transaction was initiated on November 16, 2020 from the donation wallet address but was only just confirmed on March 5, 2021. Feminist Coalition added that the transaction was part of a sale of 7.21958757 BTC for NGN 57,590,000 with a third party. The organisation stated that it received the proceeds of the sale between November 16th and December 1st 2020. Explaining why there was a delay in the confirmation of a transaction made in November, Feminist Coalition said it was due to the meagre Bitcoin network fees chosen. Sharing screenshots of transactions, Feminist Coalition said the blockchain trail gives credence to their transparent use of funds. It added; “Understanding that the public is still new to cryptocurrency nuances and blockchain technology makes it incumbent on us to provide this clarification.” The organisation added that report of an audit committee will be publicly available within eight weeks, with independent external auditors’ endorsement. https://mojidelano.com/2021/03/feminist-coalition-reacts-to-allegation-of-misappropriating-endsars-donations/ 9 Likes
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Re: Feminist Coalition Reacts To Allegation Of Misappropriation Of EndSARS Donations by mymadam(m): 8:58pm On Mar 12, 2021 |
Abegii... Clap for yaselves jare 2 Likes |
Re: Feminist Coalition Reacts To Allegation Of Misappropriation Of EndSARS Donations by adeskee(m): 9:16pm On Mar 12, 2021 |
Awon werey gbogbo 13 Likes 1 Share |
Re: Feminist Coalition Reacts To Allegation Of Misappropriation Of EndSARS Donations by vengertime: 9:46pm On Mar 12, 2021 |
I knew from the onset that these ladies are innocent just that Nigerian youths really deserve the bad politicians they have. Some Politicians are posing as youths and distracting us as usual. If your head is still correct in that Nigeria, leave now to anywhere before you go crazy with stupid people 110 Likes 13 Shares |
Re: Feminist Coalition Reacts To Allegation Of Misappropriation Of EndSARS Donations by NwaNimo1(m): 9:46pm On Mar 12, 2021 |
4 Likes |
Re: Feminist Coalition Reacts To Allegation Of Misappropriation Of EndSARS Donations by slawormiir: 9:46pm On Mar 12, 2021 |
Damnnn niggarrrr So na now them dey confirm transaction way them do since last year November Isoright 29 Likes 1 Share |
Re: Feminist Coalition Reacts To Allegation Of Misappropriation Of EndSARS Donations by Bar1941(m): 9:46pm On Mar 12, 2021 |
FEAR FEMINISTS 16 Likes |
Re: Feminist Coalition Reacts To Allegation Of Misappropriation Of EndSARS Donations by Felabrity: 9:47pm On Mar 12, 2021 |
Did you transfer the 20million or not? Anyway, to the niggar after the niggar above me Damn niggar kill you there 20 Likes 1 Share |
Re: Feminist Coalition Reacts To Allegation Of Misappropriation Of EndSARS Donations by ChizzyBuna(m): 9:47pm On Mar 12, 2021 |
Feminist Coalition added that the transaction was part of a sale of 7.21958757 BTC for NGN 57,590,000 with a third party.How can you sell public donation without informing the public. The donation was made for the public And you sell it without informing the public So if this news didn't go viral una for lock up Men are getting shot and arrested for protesting, while feminist are cashing out on the tragedy. No difference between this feminist thieves and Buhari government How many of the End SARS victims have received donation from femco?? Nonesense excuse 56 Likes 3 Shares |
Re: Feminist Coalition Reacts To Allegation Of Misappropriation Of EndSARS Donations by Tvoice: 9:47pm On Mar 12, 2021 |
Very interesting. 1 Like 1 Share |
Re: Feminist Coalition Reacts To Allegation Of Misappropriation Of EndSARS Donations by Christieanne(f): 9:48pm On Mar 12, 2021 |
The future is us!!! See how accountable the youths can be. Not these thieves we have in power. 15 Likes 2 Shares |
Re: Feminist Coalition Reacts To Allegation Of Misappropriation Of EndSARS Donations by adextetoo(m): 9:48pm On Mar 12, 2021 |
LMAO Isn't this just funny that one bitcoin will take 5 months to complete? This is a wack clarification dear feminists coalition Within the same timeframe more that $1000000000 was transacted on the Bitcoin Network in a single day with just a tx fee of $3 So give us another excuse! Additional Information Whoever cooked up this broadcast is dull, dumb and also lacks full knowledge of the blockchain technology, do this people think Nigerians are dumb or what? Blockchain network is the most transparent ledger system ever developed by man! How can they now boldly say that they don't want us to know the addresses of the donors? With the TX Hash released to the public I can address and identify every donor's addresses and if they were sent from an exchange that collected KYC, I can know each person by their name, age, location and others. This is the same mistake CBN is making because they all have coconut heads and can't think. Blockchain network is transparent, fungible, immutable and independent system, no one have the monopoly of authority! 58 Likes 6 Shares |
Re: Feminist Coalition Reacts To Allegation Of Misappropriation Of EndSARS Donations by Emmatech1996: 9:48pm On Mar 12, 2021 |
Nigeria Jaga jaga 1 Like |
Re: Feminist Coalition Reacts To Allegation Of Misappropriation Of EndSARS Donations by Queenlovely(f): 9:49pm On Mar 12, 2021 |
2 Likes |
Re: Feminist Coalition Reacts To Allegation Of Misappropriation Of EndSARS Donations by BlessedNuel: 9:49pm On Mar 12, 2021 |
#EndSars Matter united the youths more than Enyimba vs Kano Pillars football match 3 Likes |
Re: Feminist Coalition Reacts To Allegation Of Misappropriation Of EndSARS Donations by donpapa(m): 9:49pm On Mar 12, 2021 |
Re: Feminist Coalition Reacts To Allegation Of Misappropriation Of EndSARS Donations by LandMann: 9:50pm On Mar 12, 2021 |
Every thief must have explanation... Till tomorrow, Ibori and Abacha still deny looting from Nigeria.., and they have good explanation like the above feminist people... Thunder fire all of you 12 Likes 2 Shares |
Re: Feminist Coalition Reacts To Allegation Of Misappropriation Of EndSARS Donations by RexTramadol1: 9:50pm On Mar 12, 2021 |
Resist the urge to shalaye We know you’re self serving babes but if u thief money or not no concern me....... Dat one concerns simps wey join body Dey shout who runs the world gehs gehs 4 Likes |
Re: Feminist Coalition Reacts To Allegation Of Misappropriation Of EndSARS Donations by Mandela27: 9:50pm On Mar 12, 2021 |
someone said Nigeria jagajaga 2 Likes |
Re: Feminist Coalition Reacts To Allegation Of Misappropriation Of EndSARS Donations by Monogamy: 9:50pm On Mar 12, 2021 |
The protest must continue was all about Mulla It however said the transaction was initiated on November 16, 2020 from the donation wallet address but was only just confirmed on March 5, 2021. Hahahahahaha... No be everyone be noob about bitcoins now... Bitcoin transaction took 4 months... If those people can't fear God, they should at least fear devil. If these are the set of Future is female,then future is blinking 25 Likes 5 Shares |
Re: Feminist Coalition Reacts To Allegation Of Misappropriation Of EndSARS Donations by Felabrity: 9:50pm On Mar 12, 2021 |
Total lies How can a bitcoin transaction take over 4 months to be complete It's usually 1-5 hours 23 Likes 3 Shares |
Re: Feminist Coalition Reacts To Allegation Of Misappropriation Of EndSARS Donations by Commonguy(m): 9:50pm On Mar 12, 2021 |
hmmm it is well |
Re: Feminist Coalition Reacts To Allegation Of Misappropriation Of EndSARS Donations by PrimadonnaO(f): 9:51pm On Mar 12, 2021 |
All I remember is people using this logo because they thought it was EndSARS logo. All those women bashers and haters cluelessly using the feminist movement logo on their social media handles! It was very amusing for me... 9 Likes |
Re: Feminist Coalition Reacts To Allegation Of Misappropriation Of EndSARS Donations by jchioma: 9:52pm On Mar 12, 2021 |
The organisation added that report of an audit committee will be publicly available within eight weeks, with independent external auditors’ endorsement. Nice one from the Feminist Coalition. 2 Likes 1 Share |
Re: Feminist Coalition Reacts To Allegation Of Misappropriation Of EndSARS Donations by wizkidblogger(f): 9:53pm On Mar 12, 2021 |
nice explanation |
Re: Feminist Coalition Reacts To Allegation Of Misappropriation Of EndSARS Donations by saphiere(f): 9:53pm On Mar 12, 2021 |
Christieanne:FEMALE IBreakRule0:Nice one. Good evening. |
Re: Feminist Coalition Reacts To Allegation Of Misappropriation Of EndSARS Donations by vengertime: 9:53pm On Mar 12, 2021 |
Felabrity: Cos you can't read doesn't mean you should disgrace your generation publicly |
Re: Feminist Coalition Reacts To Allegation Of Misappropriation Of EndSARS Donations by SpatialKing(m): 9:54pm On Mar 12, 2021 |
Hmm |
Re: Feminist Coalition Reacts To Allegation Of Misappropriation Of EndSARS Donations by Felabrity: 9:54pm On Mar 12, 2021 |
vengertime:shattap 2 Likes |
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