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User ID: 1242085
 United States
01/24/2011 05:48 PM
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Report Copyright Violation | 2/3 of the 21 billion $ fund to ``fight AIDS`` stolen by corrupt recipients WELL DUH!!!!!!!! [ link to news.yahoo.com] AP Enterprise: Fraud plagues global health fund
GENEVA – A $21.7 billion development fund backed by celebrities and hailed as an alternative to the bureaucracy of the United Nations sees as much as two-thirds of some grants eaten up by corruption, The Associated Press has learned.
Much of the money is accounted for with forged documents or improper bookkeeping, indicating it was pocketed, investigators for the Global Fund to Fight AIDS, Tuberculosis and Malaria say. Donated prescription drugs wind up being sold on the black market.
The fund's newly reinforced inspector general's office, which uncovered the corruption, can't give an overall accounting because it has examined only a tiny fraction of the $10 billion that the fund has spent since its creation in 2002. But the levels of corruption in the grants they have audited so far are astonishing.
A full 67 percent of money spent on an anti-AIDS program in Mauritania was misspent, the investigators told the fund's board of directors. So did 36 percent of the money spent on a program in Mali to fight tuberculosis and malaria, and 30 percent of grants to Djibouti.
In Zambia, where $3.5 million in spending was undocumented and one accountant pilfered $104,130, the fund decided the nation's health ministry simply couldn't manage the grants and put the United Nations in charge of them. The fund is trying to recover $7 million in "unsupported and ineligible costs" from the ministry.
The fund is pulling or suspending grants from nations where corruption is found, and demanding recipients return millions of dollars of misspent money. |
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User ID: 774404
United States
01/24/2011 05:54 PM
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Report Copyright Violation | Re: 2/3 of the 21 billion $ fund to ``fight AIDS`` stolen by corrupt recipients Wow, who'd a thunk it... It really is!
I never drink water, fish fuck in it.
W.C. Fields
Ignorance and obscurantism have never produced anything other than flocks of slaves for tyranny...
Emiliano Zapata |
