Global Fund Faces Problems Of Fraud Among Recipients 24/01/2011 by Intellectual Property Watch 3 Comments Share this:Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Facebook (Opens in new window)Click to email this to a friend (Opens in new window)Click to print (Opens in new window)Today, the Global Fund sought to settle concerns about fraud involving millions of dollars it provided to several African countries. The fund had been strongly supported by developed countries for its direct model of providing funds for health work on the ground in developing countries, and evidence of corruption among recipients drew international attention. The fund, which just conducted a major replenishment drive worth billions of dollars, admitted that the corruption had occurred and said it is investigating and seeking repayment of misspent funds. The Global Fund inspector general’s 2010 report listed “grave misuse of funds in four of the 145 countries which receive grants from the Global Fund,” the fund said in a release. “As a result, immediate steps were taken in Djibouti, Mali, Mauritania and Zambia, to recover misappropriated funds and to prevent future misuse of grant money,” it said. “In total, the Global Fund is demanding the recovery of US $34 million unaccounted for in these and other countries out of a total disbursement of US $13 billion.” The fund is taking measures to search out and address corruption anywhere in its grant distribution and will be transparent about its findings, it said. The release and press briefing in Geneva came after an Associated Press article that revealed the situation. Share this:Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Facebook (Opens in new window)Click to email this to a friend (Opens in new window)Click to print (Opens in new window) Related "Global Fund Faces Problems Of Fraud Among Recipients" by Intellectual Property Watch is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.
The Global Fund says 06/02/2011 at 2:00 pm The Global Fund is saving millions of lives and driving back the three disease pandemics in large parts of the world. The Global Fund has zero tolerance for corruption and has robust controls to protect grants against this risk. Financing live-saving interventions in the poorest countries does involve risks and there is evidence that corruption in some cases has occurred. In all cases immediate action has been taken, grant disbursements have been suspended and every dollar that has been lost is demanded back. Recent stories by the Associated Press have created a completely distorted impression of the scale of corruption in Global Fund grants. The AP stories fail to point out that the money currently demanded back due to misuse or insufficient accounting represent three tenths of one per cent of the US$13 billion disbursed by the Global Fund so far. The Global Fund itself is creating an independent, international panel of highly respected experts to review its procedures, validate that they are of the highest standards and potentially suggest ways to strengthen them further. The Global Fund wants to reassure donors and the public that its systems and procedures to prevent, detect and clamp down on misuse are solid. Also, be aware that the Global Fund’s Inspector General represent one of five levels of financial controls over Global Fund grants. Every dollar in every grant is audited, including those grants managed by UNDP. Reply
The Global Fund says 06/02/2011 at 2:02 pm Putting fraud in global health spending in context The Washington Post by Michael Gerson http://wapo.st/haRhiu Reply
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