$77 Million sent OS from Australia

by why144000 5 Replies latest jw friends

  • why144000
    why144000

    Poor Watchtower in Australia, they made a loss of $1,537,325 in 2019 according to their filings with the Government. They obviously can't participate in the National Redress Scheme as they don't have the funds. Only problem is that they have sent over $77,000,000 of donations from Australian publishers to overseas branches in the past 4 years. The Australian Government should immediately strip the watchtower society of tax exempt status. They are a despicable organisation that needs to be held accountable for their actions.

  • under the radar
    under the radar

    Not only that, but the leaders should be prosecuted and the organization severely penalized for this fraud.

  • why144000
  • joey jojo
    joey jojo

    https://acncpubfilesprodstorage.blob.core.windows.net/public/77f70f2a-39af-e811-a963-000d3ad244fd-153f736b-a54f-4e99-b1c0-fa9292726c2a-Financial%20Report-6940753c-9b1b-ea11-a811-000d3ad1cc03-2019_WTA_Annual_Report.pdf

    Income:

    Grants and donations made for use in Australia:
    $19,566,090.00
    Grants and donations made for use outside Australia:
    $1,572,431.00

    But then this:

    Expenses : Donations and Overseas Aid $21,138,521 .

    If I am reading this right, in the 2019 financial year, they received $19 mill AUD in donations to be used in Australia but proceeded to donate $21,138,521 AUD overseas, presumably to HQ?

  • Sigfrid Mallozzi
    Sigfrid Mallozzi

    Yes, such a huge worldwide organization and they are starving to death in "Little Australia" . Pitiful.

  • Phizzy
    Phizzy

    I do hope this blatant Money Laundering to avoid paying , the Just and Morally right, Compensation to the poor victims, is challenged by the Australian Authorities,

    If they cannot make the JW Org (Australia) pay what they should, then insist that the money is returned from where it has been salted away, if not then Bankrupt JW Australia, with a Legal Charge for the Compensation against them that must be paid first, before any other debts.

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