Algorand Foundation participating in the governance when they stated they would not.

First let me start by saying this is not intended to be FUD but I find it very concerning.

Yesterday I made a post which showed an account committing 50 million Algo to the governance. Upon further research this account belongs to the Algorand Foundation. If you look at the algo block explorer, you will see the Algorand6 account deposited these Algos to the account and proceeded to commit them to governance.

https://algoexplorer.io/address/OVAA75Q4VPN7JLKD6GEKBRV6WEEZSQTN5H6RVR2XM4JMR3WXSABY4VAT6E

And here is the link to the governance page showing the 50 million committed.

https://governance.algorand.foundation/governance-period-1/governors/OVAA75Q4VPN7JLKD6GEKBRV6WEEZSQTN5H6RVR2XM4JMR3WXSABY4VAT6E

Here is the link to the Decentralizing Algorand Governance Proposal which explicitly states

“The Foundation will set up the votes but will not participate in the Governors’ program.”

https://prismic-io.s3.amazonaws.com/algorandfoundationv2/1f4bd113-3f64-4d3e-b69b-bcd988305359_ALG102-21Q2-C_Governance+Proposal_en-IE_FINAL.PDF

I’m sure I am not alone when I say we need a real explanation from the Algorand Foundation for the sake of transparency regarding this situation. Who does this 50 million Algo belong to and how/who did they acquire it from?

I sent a transaction of 0.001 algo to this account yesterday with an attached message which links to my reddit post yesterday and will do the same for this post so it will be immortalized on the Algo blockchain.

Edit: Some users have pointed out that this may be an Algorand Inc account which is different than the Algorand Foundation. Even if that is the case, I still believe this warrants a detailed explanation and transparency is required showing where these two supposedly separate entities are collaborating and for what ends.