04 May 2020
In the Democratic Republic of Congo, Population Services International implemented a Global Fund malaria grant worth US$173.5 million. OIG’s audit found weaknesses in PSI’s detailed budget monitoring, limited controls over the payments of transactions, and recurring practices of non-competitive procurements. There were also significant non-compliant transactions. From an audit sample of US$77.5 million, OIG found a total non-compliant amount of US$25.3 million, of which US$6.2 million is considered potentially recoverable.
Assurance arrangements in place, as well as the Global Fund Secretariat’s weak grant management oversight and monitoring, were unable to detect or prevent these issues. Overall, OIG found PSI’s financial management of the grant and the Global Fund Secretariat’s oversight of the grant to be ineffective.
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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.