Corruption and greed has lost The Global Fund and the countries Kyrgyzstan and Tajikistan hundreds and thousands of dollars. The Global Fund had allocated a great deal of money to the two states which were eventually used improperly costing all three parties the donation. Vesti.KG reported the story initially, “The Global Fund demanded Kyrgyzstan compensate it for a loss of over $120,000. The Global Fund believes it has proof of theft of grants by various Kyrgyz state officials. A similar story — only with slightly larger sums of theft — was reported in neighboring Tajikistan two months ago and is still being poured over by local media.”
After The Global Fund launched an investigation with the Office of Inspector General (OIG) after the Fund realized the money was not being allocated properly. After the findings of the investigation, the Inspector General uncovered the had been incorrectly spending and allocating money through the Committee for Youth, Sports and Tourism of Tajikistan. The Global Fund then blacklisted the Committee from receiving any further funding. Even though the Tajikistan Committee accused is calling the reports false, after a full audit concluded that over $120 thousand of the $300 thousand given to the Committee had been either used wrongly or distributed to another organization. The Committee apparently worked with a very unorthodox company, Komyob, which used the money to purchase “non-health products such as MP3 and DVD-players, notebooks, pens and health insurance packages with prices inflated by an average of 118% when compared to the market value of the products.“
With the missing money the Global Fund hopes to get their money back shortly so they can truly allocate it to a good cause which can save lives. For more information and news on The Global Fund, please visit Scott Filler‘s official website.