People suffering from malaria are among those whom the Global Fund aims to help The UN-backed Global Fund Against Aids, Tuberculosis and Malaria has announced it is strengthening financial safeguards following corruption claims.
The fund, with a budget of almost $22bn (£13.6bn), said the new measures would include a panel of independent experts to review financial procedures. Last week, Germany, the fund's third-largest contributor, said it was suspending its financial support.
Media reports speculate that billions of dollars may have been siphoned off.
The experts will look at the fund's ability to prevent and detect fraud and misuse in its grants.
The fund's executive director, Michel Kazatchkine, said it had "zero tolerance" for fraud and corruption in its grants and was "responding aggressively when instances of fraud or misappropriation are detected"
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1 comment:
Government should raises out these grants for all the medical treatments. Therefore these grants can easily be used by the people. And that can strengthening financial safeguards.
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