Protocol describes how the two entities will collaborate on audits, diagnostic reviews and investigations
Process and timelines for audits spelled out
"Losses" of $2.6 million identified by the OIG
Two of the PRs dispute some of the OIG's findings
Nigerian media cite preliminary findings of misuse of grant funds contained in draft OIG audit report
Final audit report has not yet been released
The Global Fund has temporarily frozen disbursements to one principal recipient (PR) in Nigeria, amidst allegations of misappropriation of funds.
Deficiencies in the oversight of procurement and supply management (PSM) arrangements may be exposing Global Fund grants to unnecessary and unacceptable risks. This is one of the conclusions of an audit report released by the Fund's Office of the Inspector General (OIG) in April 2010.
Global Fund Inspector General John Parsons is a busy man. He is also very determined. He and his staff of 24 are fully booked through the end of 2010 " and he expects the same to be true next year and the year after.
According to the Global Fund'sOffice of the Inspector General (OIG):