recoveries

2.

Global Fund agrees to accept in-kind payment for recovery of $27 million owed by Ghana

3 Oct 2017
Payment consists of reforms to enable the country to produce its Supply Chain Master Plan

The Global Fund has agreed to accept in-kind payment in lieu of cash for $27.4 million in recoveries owed by Ghana. The in-kind payment consists of reforms that Ghana must implement in order for the country deliver its Supply Chain Master Plan. This is the first time that the Fund has agreed to such an arrangement.

8.

Outstanding recoverable balance related to OIG audits and investigations drops to $22.6 million

29 Nov 2016

During the first eight months of 2016, the Secretariat made good progress in recovering amounts owing as a result of non-compliant expenditures identified during audits and investigations undertaken by the Office of the Inspector General (OIG). A total of $24.8 million was recovered, thus lowering the outstanding recoverable balance to $22.6 million (excluding written commitments to repay).

8.

Recoveries backlog is being gradually reduced

18 Nov 2015
Amount still to be recovered as of 30 June was $55.1 million

The Global Fund continues to make progress – slowly – in recovering amounts owing due to fraud or improper use of grant monies based on reports by the Office of the Inspector General. From the inception of the Fund to 30 June 2015, $39.9 million has been recovered, compared to $34.4 million six months ago and $29.2 million a year ago.

1.

Global Fund may reduce funding to Nigeria because some recoverable amounts have not yet been repaid

1 Oct 2015
The 2014-2017 allocation may be cut by more than $5 million
CCM appeals to the government for assistance in repaying the amounts owing

The Global Fund may reduce funding for Nigeria’s HIV and TB grants by more than $5 million because it is having difficulty recovering outstanding amounts owing following an audit and an investigation conducted by the Office of the Inspector General in 2011.

5.

OIG releases first “annual opinion” on the Global Fund Secretariat

1 Apr 2015
Says organizational maturity has improved, but further enhancements are required

There have been progressive improvements in “organizational maturity” since the Global Fund began its transformation process in 2012, but the Fund still has some distance to travel, according to the Office of the Inspector General (OIG).

8.

OIG releases annual report for 2014 and an update on agreed management actions

31 Mar 2015
Secretariat issues report on recoveries

The Office of the Inspector General (OIG) issued its annual report for 2014 and reported to the Board on the implementation of agreed management actions (AMAs) by the Secretariat as part of a presentation at the 33rd Board meeting on 31 March. In a separate report, the Secretariat provided the Board with an update on recoveries.

4.

Global Fund will seek reimbursement from Nigeria's national AIDS agency following contract violations found by OIG

25 Feb 2015

The Global Fund will seek the reimbursement of some $786,000 that was improperly spent by the Nigerian National Agency for the Control of AIDS (NACA) on a 2011-2013 project to renovate medical stores.

The irregularities were revealed in a report by the Office of the Inspector General on 20 February, released in response to a review request by the Global Fund in May 2013.

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