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WhyNotHugotoday at 7:11 PM1 replyview on HN

Based on the article:

Some founders/directors kept using money from the foundation to pay their own private companies to get work done.

This is highly irregular: you can’t manage funds that aren’t yours and use those funds to buy from a company which gives you profit.

Legal council warned the of this irregularity, and nothing was made to change the status quo during years.


Replies

shevy-javatoday at 8:12 PM

Isn't this theft, if true?

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