As TPRF is now so proud of its Wise Giving Alliance listing, perhaps its commitment to transparency should be put to the test. Apart from the fact that TPRF still hasn't got its audited 2005 figures on its own website - TPRF still makes no acknowledgement that it (as has been claimed by Elan Vital Australia since 2004) that TPRF owns Myrine Investments, which in turn owns the IRCC property.
Anyone who has supported IRCC financially, including those who contributed to Elan Vital UK's "Knowledge Centre Fund" might like to contact the BBB Wise Giving Alliance:
http://www.bbb.org/reports.asp
to enquire why this major asset does not appear on the TPRF statement:
http://charityreports.give.org/Public/Report.aspx?CharityID=3098
What EV Australia says:
http://www.elanvital.com.au/faq/article.php?id=062
There is no individual beneficial owner as such and never has been. MIL provided a convenient legal structure for the holding of the IRCC property. The IRCC property is held not for any individual or for any person’s benefit but is held for use for educational purposes. The shares of MIL are held for The Prem Rawat Foundation for its public educational and charitable purposes. The status of TPRF is approved by US regulatory authorities.
For the whole Myrine story:
http://www.prem-rawat-critique.org/fiscal_revisionism.htm
Nik
