To the best of my knowledge this is wrong. Some might even say an outright lie. I tracked down the documents of incorporation in Geneva.
Took a while, but I found the association incorporation number. What I discovered is that, unless there is information missing, the ICA is not a members’ organisation, and so far from independent as to be a front for Dom Williams’ voting power and financial movements. The incorporation document says
“Steering Committee: Dominic Williams, from Great Britain, in Oxford, GBR, president, with collective signature of two, with a director, and Bochsler Gian, of Neuchâtel, in Chéserex, director, with collective signature of two, with the president.”
And then a statement of institutional “mutation”:
" Internet Computer Association, à Genève, CHE-132.001.501 (FOSC du 16.08.2021, p. 0/1005271910). L’inscription no 19857 du 11.08.2021 est complétée en ce sens que le membre Williams Dominic est nommé président."
The (seemingly only) member is being made President with the extra voting power mentioned above: henceforth… Dominic Williams.
From what I can tell, the organisation is not a members’ association as suggested in the website, at least not constitutionally. There is no publicly available charter, beside this document of incorporation, and the statutes of association do not indicate any requirements for a General Assembly, any process for registering members, any accountability to them, or any members’ voting process to establish the Board.
Instead, the board of these “independent members” is, exclusively, Dom (and his token Swiss lawyer). Dom now personally controls the voting power of Dfinity, openly, and the voting power of the ICA (behind smoke and mirrors). And ICA has recently upped its stake and dramatically increased its voting power. Every time you see the three letters ICA, you can replace them with these three letters: DOM.
Unless I am missing something huge (truly happy to stand corrected and apologise heartily and with a sense of relief), this is Dom’s most scandalous governance outrage yet, worryingly aided and abetted by… Dfinity’s VP of Finance(!). To paint a one man voting cartel as an “independent members’” body representing the community, is Kafkaesque.
Who precisely is the “small group of professionals” (as designated by @paulaitubi ) who vote on behalf of both Dfinity and the meant to be independent, advertised as independent, non-dfinity community members? Why is the independent members’ association set to auto follow Dfinity? Might it be because that “small group of professionals” report to the same CEO, President (twice over), Chief Scientist and sole board member of both boards (with his Swiss lawyer)?
And did you know that ICA gives itself the right to invest, take equity, buy businesses in its legal constitution? In other words Dom can use the ICA for business ventures and then vote for strategic directions that will profit them with its absolute majority? And the funding from this second Dom front organisation, the advertised grants programme: where does it come from, go, who does it enrich? I wouldn’t bet on the General Assembly to inform us in its annual report to members. Because I don’t expect a General Assembly to happen at all. Because from what I can see, no General Assembly constitutionally exists.
And we now find that the defacto voting power of Dfinity, ahem, Dom, is double the nominal one, but by splitting it you manage the public relations damage of even more Dfinity voting concentration, while allowing for even less accountability for ICA?
Dfinity = Dom without community visibility
ICA = Dfinity without even employee visibility
Dom = sole, direct and aggregate control of Dfinity + ICA + String + ? + ?
And (one guesses) + indirect control over ? + ? + ?