Wednesday, July 27, 2011

UNDP SCANDAL: Official Credit Cards charges at UNDP reached $416 million at end of 2010

UNDP high level management, including Resident Representatives and Regional Directors whom have been given Corporate Credit Cards, have spent almost half a billion dollars in Credit Cards charges.

Internal communications at Office of Finance show that UNDP had major difficulties to closing its books for 2010 given the absence of satisfactory expenditure proof towards Credit Card charges by its high level managers thru-ought its the corporate organigrame. Many of these managers have claimed "approval thresholds rights" given to them by UNDP's Comptroller.

Many claimed representation expenses, office or travel related expenses, etc. But the fact is that much of the charges are not supported or substantiated by paper trail. 82% of the charges are less than $2,500 and thus very difficult to track.

One Finance staff said that many of the charges do not comply with UNDP's corporate regulations and instructions. The staff said that: "if UNDP would be asked by member states to provide a detailed expenditure breakdown of its Corporate Credit Cards usage it can only account for only about 16% of current half a billion accumulated bills".

The above credit card charges span in a period of two years. UNDP's Bureau of Management is refusing to publish a detailed expenditure list of Credit Cards thru out the organization, which means that Member states who fund the organization will never be able to scrutinize the usage of such "extra" expenditures by higher management at UNDP.

Would United Nations Member states ever know where all this money went?

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