NAAFI was an institute and as such it had its good point and its bad. The bars were good and supplied subsidised price beer - was always a cheaper pint than in town and a safe place. The shops weren't brilliant but they weren't bad either and they served a purpose.
But its gone now, like the UK Armed Forces in general.
Reg Curtis, the 2 million pound chap in question has the mean face and dead eyes one would expect from someone in his position.
Private enterprise will fail the armed forces and I expect the NAAFI will be re-born again one day (and don't be surprised if its run by Indians like everything else in this wholesale and retail field).