EstDomains Update: Notice of Termination Stayed
On 28 October 2008, ICANN sent a notice of termination [.pdf] to EstDomains . Based on an Estonian Court record, ICANN has reason to believe that the president of EstDomains, Vladimir Tsastsin, was convicted of credit card fraud, money laundering and document forgery on 6 February 2008.
Pursuant to Section 5.3 of the Registrar Accreditation Agreement (RAA), ICANN may terminate the RAA before its expiration when, “Any officer or director of [a] Registrar is convicted or a felony or of a misdemeanor related to financial activities, or is adjudged by a court to have committed fraud or breach of fiduciary duty, or is the subject of judicial determination that ICANN deems as the substantive equivalent of any of these; provided such officer or director is not removed in such circumstances.”
ICANN received a response [.pdf] from EstDomains regarding the notice of termination. To assess the merits of the claims made in EstDomains’ response, ICANN has stayed the termination process as ICANN analyzes these claims.