UNDP WATCH: Darshak Shah is running for UNFCU Board of Directors

Thursday, March 11, 2010

Darshak Shah is running for UNFCU Board of Directors - isn't this a conflict of interest?

Darshak Shah - the current Chief Financial Officer of UNDP, who does daily business with UNFCU, both related to its staff but also in investment portfolios as well as short term loans and revolving funds from UNFCU to UNDP - is running for one of the available positions of the UNFCU Board of Directors.

THIS IS CONFLICT OF INTEREST

1. Because the level of UNDP business volume with UNFCU;

2. By becoming member of Board of Directors Darshak Shah will exercise his power to squash any type of transparency or accountability from UNFCU about its dealings with UNDP;

Darshak Shah leadership in Office of Finance as well as at helm of Bureau of Management - has been marked by an unprecendet lack of transparency, accountability and "dark" deals.

VOTE NO

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