fiscal agent

3.

Problems operationalizing safeguards to mitigate financial risks create delays in implementing Global Fund’s malaria grant to Cambodia, OIG says

19 Sep 2017
Finding the right balance between mitigating fiduciary risks and program risks is a challenge
7.

OIG investigation reveals small-scale fraud by a supplier for a Global Fund TB grant to Burkina Faso

5 Sep 2017
Investigation also finds negligence on the part of the PR

An investigation by the Office of the Inspector General (OIG) has found evidence of small-scale fraud on the part of a local supplier. It also found that the principal recipient (PR) of a TB grant did not take appropriate action in awarding a contract to the supplier and in responding to the fraudulent activities once they became known.

12.

The OIG’s report on Malawi identifies deficiencies in programs implemented for the three diseases

15 Jan 2017
Audit report on Malawi finds important components of some activities funded by the US President’s Emergency Plan for AIDS Relief and the Fund, have not been implemented

The OIG last reviewed Malawi in 2010 with that audit being published in August 2012. That audit identified weaknesses in financial management, sub-recipient management, procurement and supply chain management. Malawi has since had to repay $3.3 million of the $36 million it utilized due to findings of improper spending unearthed by a 2012 audit.

1.

OIG audit identifies major deficiencies in the implementation of grants to Nigeria

10 May 2016
Ineffective implementation arrangements in a large federal state said to be at the heart of the problem
Secretariat believes that is has implemented measures to adequately minimize the risks

Despite efforts made the Secretariat and despite significant investments – over $800 million in the past few years – there are still major deficiencies in the Nigeria portfolio’s internal controls, affecting procurement and supply chain management, financial management, and program management.

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