{UAH} Potential conflict of interest?
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8:27 PM |
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Joseph,
The topic of conflict of interest or at least potential conflict of interest is indeed a very important discussion to have. What is your opinion on the potential conflict of interest of have a trustee or trustees or an elected officer also be a creditor to the organization and how that potentially biases their decision making process. Does UNAA have people in leadership whom it owes or potentially owes? Are we breaking the law?
Consider Durfee v. Durfee & Canning, Inc., 323 Mass. 187, 196
(1948)
§8.2.1 Corporate Fiduciaries
(a) Directors and Officers. Directors of a Massachusetts corporation clearly "stand in a fiduciary relationship toward the corporation"
and owe it a "paramount duty . . . [to which] their personal pecuniary interests are subordinate."
I want to be educated.
Brian M. Kwesiga
President and CEO,
Ugandan North American Association - UNAA
972.415.6372 | www.unaa.org | "United We Stand"
On Wed, Jun 11, 2014 at 11:04 PM, Joseph Musoke <unaa@memberclicks-mail.net> wrote:
Michael,--
the example you give is off-mark. Unlike you, I have NEVER charged UNAA any money for my services. Any services I have offered UNAA were free of charge. When I was still practicing in DLA Piper, I didn't even earn pro bono hours for my time because DLA Piper did not recognise UNAA as one of its approved groups that the firm offered pro bono time.
Except for a time where I'd to drive 200 miles to attend an administrative hearing to save someone's nursing license, I have NEVER taken fees from ANY Ugandan based in North America for my services focused here. The only time I have charged fees is when someone wanted me to advise them on issues outside North America (buying land in Uganda, adoptions, international transactions, etc).
thanks
--In UNAANET@yahoogroups.com, <mkimbugwe@...> wrote :Bwana Mayanja,Thank you for positing. This is very interesting. In other words anyone who is a professional in something, if they volunteer their services and expertise, it creates a conflict of interest.Following Joseph's concept, he is saying he should have never run for UNAA president since that would have caused a conflict of interest because he offers his legal professional advise to Unaa membersVery interesting indeed!
Regards,Michael KimbugweOpinion | By Joseph Musoke | Why I think there Is Consensus that UNAA's New Constitution is not working | Welcome to the Ugandan Diaspora News OnlineOn Jun 11, 2014, at 9:17 PM, "Ronnie Mayanja ronnie.mayanja@... [UNAANET]" <UNAANET@yahoogroups.com> wrote:
Ronnie MayanjaUgandan Diaspora News | www.ugandandiasporanews.com |Ugandan Diaspora Network | Event website | www.ugandandiaspora.com |Soreel Mayas Grafx Ltd | www.soreelmayas.net | UG Media |Skype | ronnie.mayanja | Twitter | @rmayanja |Click here to Reserve your Room for UNAA San Diego at the Hyatt Regency La Jolla.
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