Ripped off: Global health fund discovers $73 million stolen … so far

The Global Fund to Fight AIDS has recovered $19 million of $73 million it says was stolen. (AP file photo)

The Global Fund to Fight AIDS has recovered $19 million of $73 million it says was stolen. (AP file photo)

WHAT: The latest round of the inspector general’s audits at the Global Fund to Fight AIDS, Tuberculosis and Malaria brought to $73 million the discovered total of misappropriated grant funding. The fund claims to have recovered $19 million to date.

WHERE: Donations for treatment of life-threatening Third World illnesses were used for an Indian official’s home renovations and skimmed by a money launderer in Nigeria. Other corruption was found in Djibouti, Mali, Mauritania and Zambia.

WHAT’S BEING DONE: Faced by demands from European and Japanese government donors to clean up its act, the fund is self-auditing its entire $14 billion in disbursed grants. The ongoing review is about one-seventh completed, according to the inspector general.

Daily OutrageOpinionOther Opinion

If you find our journalism valuable and relevant, please consider joining our Examiner membership program.
Find out more at www.sfexaminer.com/join/

Just Posted

A man holds a sign at a rally to commemorate the life of George Floyd and others killed by police outside City Hall on Monday, June 1, 2020. (Kevin N. Hume/S.F. Examiner)
Chauvin verdict: SF reacts after jury finds ex-officer guilty on all charges

San Franciscans were relieved Tuesday when jurors found a former Minneapolis police… Continue reading

"We are on the road to recover. We are on the road to building a stronger San Francisco. And that gives me hope for the future,” said Mayor London Breed at the news conference in Civic Center, San Francisco.  (Sebastian Miño-Bucheli / Special to the S.F. Examiner)
Main Public Library to reopen May 3

San Francisco’s Main Public Library will reopen with limited indoor service on… Continue reading

Legislation by Supervisor Rafael Mandelman would require The City to add enough new safe camping sites, such as this one at 180 Jones St. in the Tenderloin, to accomodate everyone living on the street. (Kevin N. Hume/S.F. Examiner)
City would create sites for hundreds of tents under new homeless shelter proposal

Advocates say funding better spent on permanent housing

A construction worker rides on top of materials being transported out of the Twin Peaks Tunnel as work continues at West Portal Station on Thursday, August 16, 2018. (Kevin N. Hume/S.F. Examiner)
SFMTA’s poor track record on capital projects risks losing ‘public trust’

Supervisors say cost overruns and delays could jeapordize future ballot revenue measures

Roger Marenco, president of operators union TWU Local 250-A, speaks at a news conference outside the Muni Kirkland Yard announcing Muni will not be increasing fares on Wednesday, June 10, 2020. (Kevin N. Hume/S.F. Examiner)
SFMTA’s union leader encourages riders to say ‘thank you’ to their Muni operators

A conversation with Roger Marenco, president of Transport Workers Union of America, Local 250A

Most Read