malversation of funds??
So a former president of a certain org in engg, who also held multiple leadership positions and project headships during their stay in the org started a board review program. Based on what I heard, there was apparently a surplus from the income generated and they, together with the other co-heads, decided to keep around 5k each as incentives/compensation. Another issue din is hindi daw fully informed yung ec about it.
Given that the org is a non-profit organization, could this possibly fall under malversation or misuse of organizational funds? And wouldn’t this also raise concerns under ADSA policies regarding transparency and handling of org finances? Genuinely curious lang since the person involved is now being accused of ‘malversation of funds’ and now they're arguing na wala pa daw sa katiting yung 5k sa mga contributions nya sa org.