Trademarking 'Captain Tom' could have made a 'significant profit' for his daughter and her husband
The commission said it is concerned that a “failure to consider intellectual property and trademark issues” when the charity was set up gave a private company, called Club Nook Limited, the opportunity to trademark variations of the name “Captain Tom” without objection from the charity.
This could have generated “significant profit” for the company, which is controlled by Ms Ingram-Moore and Mr Ingram-Moore, the commission added. The inquiry, which was launched on June 16, is analysing if the trustees of The Captain Tom Foundation have been responsible for mismanagement or misconduct in the administration of the charity leading to any losses, adequately managed conflicts of interest and complied with their duties and responsibilities under charity law.inspired the nation with his courage, tenacity and concern for others.
“We do not take any decision to open an inquiry lightly but in this case our concerns have mounted. We consider it in the public interest to examine them through a formal investigation, which gives us access to the full range of our protective and enforcement powers.” The commission previously raised concerns about the payment of consultancy fees to third parties but said it was later “satisfied” that these specific payments were a reasonable reimbursement for expenses incurred by the companies in the formation of the charity.
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