Tuesday, January 25, 2011

Charity fund backed by celebrities eaten up by corruption

Geneva - A $21.7 billion development fund backed by celebrities and hailed as an alternative to the bureaucracy of the United Nations sees as much as two-thirds of some grants eaten up by corruption. Much of the money is accounted for with forged documents or improper bookkeeping, indicating it was pocketed. Donated prescription drugs wind up being sold on the black market.  More…

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