Originally posted by suityou01
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Originally posted by amcdonald
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Originally posted by NorthWestPerm2Contr
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Maajid Nawaz, co-founder of the Quilliam Foundation and a man frequently described as smooth and slick by those who have followed his public profile over the years since his transition from teenage gang member through to jailed Islamist extremist and, most recently, would-be Liberal Democrat MP.
Two years after the Home Office began to wind down its funding for the organisation, those accounts show that Quilliam was facing mounting debts, while having little in the way of relative assets. Income from training, consultancy and publications were haemorrhaging, while its income from grants and donations fell from just over £900,000 in 2011 to £532,099 in 2012.
The company was in particular trouble in 2011, making a loss, but after taking radical action to cut back on expenses and parting company with half of its staff, it was just about able to make it into the red again in the following year, when Nawaz paid himself £77,438.
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