Global Fund Announces New Anti-corruption

By:


A fund of $ 21.7 billion in global health and development arm of the UN chief launched new measures to combat corruption, the Friday following scrutiny by donors and fraud by stories of the Associated Press saying their subsidies.The director of the Global Fund to Fight AIDS.

Tuberculosis and Malaria new measures are plans to create a high-level group of experts to review the Funds capacity to prevent and detect fraud in their donations. The programs funded by money saved seven million lives and are turning back the three pandemics in the world, said Fund Executive Director Dr. Michel Kazatchkine.

He said the bottom of the zero tolerance for fraud and corruption and was responding aggressively when cases of fraud or misuse are detected. Kazatchkine said the new measures would be carried out in June. Other remedies include doubling the funding of internal monitoring, the Office of the Inspector General, John Parsons.

Before the announcement was Parsons seat for $ 18500000 this year so it can expand to 19 investigators and eight accountants.The Global Fund also plans to hire more internal financial executives, external companies gives greater responsibility to oversee the spending of grant and to help countries that receive grants to better monitor the UN agency said money.

The that he would hire a study to investigate allegations of corruption in the UNDP-administered Global Fund gives money and plans to strengthen its investigative and audit teams.He also concluded an agreement with the Global Fund to better share information on fraud.AP reported last week, the Global Fund researchers found that most of the grants were detected corruption eat.

The fund is demanding the return of $ 34000000 in grant money.Parsons says that his office could double his staff has not yet deal with all of its workload are now at least 100 active cases of possible fraud.Division investigators are looking into allegations of organized theft of antimalarial drugs in Malawi, Tanzania, Kenya, Nigeria, Togo and Ivory Coast and their sale in Nigeria, Benin, Ivory Coast, Cameroon and Guinea.


About the Author:



Article Originally Published On: http://www.articlesnatch.com


|

Loading...
Related....
Videos...

Recent Business Articles

Comments

Still can't find what you are looking for? Search for it!

Loading

Copyright 2005-2011 ArticleSnatch, LLC - All Rights Reserved.
Privacy Policy | Terms of Service.