Following a recent media report of misuse of Global Fund grants, the Global Fund is issuing the following statement:
The Global Fund has zero tolerance for corruption and actively seeks to uncover any evidence of misuse of its funds. It deploys some of the most rigorous procedures to detect fraud and fight corruption of any organization financing development.
The vast majority of funds disbursed by the Global Fund is untainted by corruption and is delivering dramatic results in the fight against the three diseases.
“Transparency is a guiding principle behind the work of the Global Fund and we expect to be held to the highest standards of accountability,” said Prof. Michel Kazatchkine, Executive Director of the Global Fund.
The news report that has caused concerns refers to well-known incidents that have been reported by the Global Fund and acted on last year. There are no new revelations in yesterday’s media reports.
According to Global Financial Integrity, problems of fraud and/or corruption have been discovered at the Global Fund, a financing mechanism for health problems in the third world. The problems were discovered by its own services of the inspector-general.
The Global Fund has been a darling of the world's most important philanthropists, like the Bill & Melinda Gates Foundation, Bono and Carla Bruni. It had an excellent reputation, as well for its results as for its way of working in the fight against aids, malaria and tbc.
Three experts on issues of taxes an incomes, Camille Landais, Thomas Piketty and Emmanuel Sanz have published a website where they make simulation exercices with changes in the French tax system. Citizens are invited to join them in order to find solutions for a radical reform of the tax system.
SOME OF THE OLDER ARTICLES, NEWS AND DOCUMENTS CAN STILL BE CONSULTED AT WWW.GLOBALSOCIALJUSTICE.COM