An investigation by the Office of the Inspector General into an HIV grant to Egypt has found evidence of fraudulent practices and other procurement irregularities on the part of the principal recipient, the National AIDS Program, which compromised contracts worth $668,877.
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There are a number of deficiencies in the financial management of sub-recipients (SRs) by the United Nations Development Programme (UNDP), the principal recipient (PR) for all of the Rounds 2-7 grants in the Democratic Republic of Congo (DRC).
The success of programmes financed by Round 5 Global Fund grants to Zimbabwe is threatened by a lack of comprehensive financial policies and procedures, and a lack of effective management on the part of the country's principal recipients (PRs). This is one of the conclusions of a country audit conducted in 2008 by the Global Fund's Office of the Inspector General (OIG), the results of which were made public in March 2009.
I would not want Brad Herbert's job.
He and his team of a few dozen people at the Global Fund have to negotiate hundreds of grant agreements, disburse billions of dollars, and then attempt to ensure that the grants deliver the promised results with no inappropriate diversions of money.