Recovers

2.

Nigeria malaria grant recipients to reimburse $350,000 in irregular spends after OIG investigation

14 Oct 2014

Two principal recipients of malaria grants in Nigeria have been implicated in fraud and financial irregularities, following an investigation by the Office of the Inspector General (OIG), and have committed to returning some $350,000 to the Fund.

7.

Global Fund to recover funds misused in Papua New Guinea

2 Apr 2014
The Fund has invoked its Additional Safeguard Policy (ASP) to mitigate further risks to its grants

The Global Fund will seek to recover some US$1.3 million in misused funds following an investigation by the Office of the Inspector General into financial mismanagement by the government principal recipient, the National Department of Health.

7.

Global Fund Releases Report on Losses and Recoveries

8 Nov 2013
Twenty percent of the $118 million in losses has been recovered to date
Policies and guidelines on the recovery process to be developed

As of 19 September 2013, $118 million in losses had been identified by the Office of the Inspector General (OIG), of which $23.8 million (20%) had been recovered. Written commitments to repay a further $10.4 million had been obtained.

This information was contained in a Losses and Recoveries Report prepared for the Global Fund Board meeting on 7–8 November in Geneva.

3.

The Global Fund Has Provided Few Details on the Recovery of Funds Identified as “Losses”

5 Jul 2013

The Global Fund Secretariat says that it has taken measures to speed up the recovery of amounts identified as “losses” by the Office of the Inspector General (OIG), and that it expects to be able to report significant progress during the rest of 2013.

3.

The Elephant and the Mouse

18 Apr 2013

by Bernard Rivers

I was recently invited by a university in the UK to serve as a visiting fellow for most of this year while conducting research on the Global Fund. I have to raise my own funding for this project, so the only advantage of the fellowship is that it provides a label to hang round my neck. But that’s exactly what I wanted, so I accepted with thanks.

4.

Secretariat Responds to Concerns About the Indirect Cost Recovery Policy for International NGO PRs

17 Apr 2013

Since the Global Fund’s Indirect Cost Recovery (ICR) policy was adopted on 18 April 2011, a number of concerns have been raised about the interpretation and application of the policy. This article describes the concerns and provides responses from the Global Fund Secretariat.

1.

Fund Reverses Demand that Former Philippines PR Repay $1.77 Million

21 Nov 2012
Tropical Disease Foundation had five grants terminated in 2009
TDF may implement grants in future

The Global Fund has reversed a demand that it imposed three years ago that the Tropical Disease Foundation (TDF), a principal recipient (PR) in the Philippines, repay the Fund $1.77 million of grant money.

5.

Should the Global Fund Try to Recover All "Losses"?, Sub-Committee Asks

16 Dec 2011

Report touches on several issues related to the OIG

 

Sub-committee says that imposing more and more requirements on implementers may cause some of them to "walk away"

 

3.

OIG Releases Audit Report on 12 Grants in Sri Lanka

16 Dec 2011

"Losses" of $2.6 million identified by the OIG

 

Two of the PRs dispute some of the OIG's findings

 

5.

Treatment Action Campaign Recovers Global Fund Money Stolen by Employee

2 Sep 2011

TAC has published details of the theft

Editor's Note: This article contains information on a form of fraud that could occur in organisations that have not put adequate accounting safeguards in place.

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