You don't need to appoint board directors to investigate allegations of fraud from an ANONYMOUS sources. It's a specific task with a start date and an end date. It's a project and requires specific skills to investigate specific allegations.
The BOD want an experienced seasoned non executive director with a broad range of skills and experiences and I respect and understand the BOD's decision to not appoint inappropriate individuals. Remember it's the BOD's who will carry the collective responsibility to ensure all their actions are in the best interests of all shareholders.
NWBO will already have committees running areas of remuneration and audit which will be under the Chairmanship of a Non Executive Director. They will also be externally audited every year with the same external auditor almost certainly being involved every quarter in deeper more specific audits around business risk, governance and financial audit involving fraud and other non clinical analysis such as IP.
Neil Woodford has communicated his agreement with the strategy explained in yesterday's two PR's via an email sent to investors in his funds. I have not seen it but I've no reason to doubt that.
I really cannot devote any more time discussing this as it's obviously never going to satisfy some.
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