Thursday, January 27, 2011

Corruption At A Major Foreign Aid Organization Raises Concerns About Other Aid Groups

Tarnished Aid Fund Says Others In Worse Shape -- Washington Times/AP

GENEVA | A $21.7 billion health fund championed by the rich and famous has come under harsh scrutiny amid revelations that it's bleeding money to corruption. But fund officials and outside analysts in the field have a stark message for global development: Other aid agencies are in much worse shape.

"The others should follow our lead," the fund's inspector general, John Parsons, said Monday at a news conference organized by the fund's top officials to discuss an Associated Press story about $34 million in losses in several African nations.

Read more ....

My Comment: Foreign aid is one of those many tools that not only alleviates world suffering, but it also helps to stabilize regions that would otherwise descend into conflict and war. Any disruption in aid .... through corruption or incompetence .... would only escalate any possibility of conflict.

2 comments:

Unknown said...

Layman's term: what did you expect?

technical :
human nature type 1:
1- greed.
2- deceit.
3- manipulation.
4- artist.

but lets not forget type 2:
1- Love
2- Compassion
3- Understanding
4- Trust

now you take a bunch of people of TYPE 2 put them together, and now put just one person of type 1 and watch what happens.

War News Updates Editor said...

A wolf among sheep is the result.