26 February 2020
The project for a Global Health Campus, a new building to host the Global Fund and other key players in the area of global health, was completed on time and has registered significant cost savings. OIG review estimated savings of US$43.5 million over a ten-year period, compared to planned savings of US$28.6 million. An effective governance structure, regular monitoring and timely mitigation of emerging issues and risks, and an efficient office move contributed to these results. There is strong contract and performance management of service providers.
Gaps in the governance framework and operational procedures, however, are hampering structured oversight and decision making. A Business Continuity Plan is required to ensure recovery of key business activities during emergency or disaster, and control weaknesses in the management of assets may result in missing assets going undetected.
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The Office of the Inspector General safeguards the assets, investments, reputation and sustainability of the Global Fund by ensuring that it takes the right action to defeat AIDS, tuberculosis and malaria. Through audits, investigations and consultancy work, it promotes good practice, reduces risk and reports fully and transparently on abuse.
Established in 2005, the Office of the Inspector General is an independent yet integral part of the Global Fund. It is accountable to the Board through its Audit and Ethics Committee and serves the interests of all Global Fund stakeholders. Its work conforms to the International Standards for the Professional Practice of Internal Auditing and the Uniform Guidelines for Investigations of the Conference of International Investigators.
The Global Fund believes that every dollar counts and has zero tolerance for fraud, corruption and waste. Through its whistle-blowing channels, the Office of the Inspector General encourages all to speak out to report fraud, abuse and human rights violations that prevent Global Fund resources from reaching those who need them.