Subscribe To Our Newsletter
Abonnez-vous Ć  notre bulletin
OIG INVESTIGATIONS IN 2015 SHOW THAT MISUSE OF FUNDS OCCURS MOST OFTEN IN PROCUREMENT, CONSTRUCTION AND TRAINING

OIG INVESTIGATIONS IN 2015 SHOW THAT MISUSE OF FUNDS OCCURS MOST OFTEN IN PROCUREMENT, CONSTRUCTION AND TRAINING

According to the Office of the Inspector General, the main source of misconduct identified this year through its investigations has been activities related to procurement. ā€œNon-competitive tenders, fictitious invoicing and collusion between suppliers and procurement or finance managers have frequently led to fraud,ā€ the OIG said. This information was contained in the semi-annual progress report prepared by the OIG for…

RECOVERIES BACKLOG IS BEING GRADUALLY REDUCED

RECOVERIES BACKLOG IS BEING GRADUALLY REDUCED

The Global Fund continues to make progress ā€“ slowly ā€“ 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…

PROGRESS IN ASSURANCE AND RISK MANAGEMENT TOO SLOW: OIG

PROGRESS IN ASSURANCE AND RISK MANAGEMENT TOO SLOW: OIG

According to the Office of the Inspector General, insufficient progress has been made in assurance and risk management. In its semi-annual progress report to the Board, the OIG said that its audit work has revealed that despite Global Fund investments in this area, assurance measures have had limited effectiveness and are still not being tailored to the country context. The…

Aidspan

Categories*

Loading
Aidspan

Categories*

Loading