Showing posts with label Trust Fund. Show all posts
Showing posts with label Trust Fund. Show all posts

Wednesday, March 6, 2013

SCANDAL : UNDP trust fund agency allowed procurement fraud in Afghanistan

Click here for this in full @ KHAAMA.COM : http://www.khaama.com/un-trust-fund-agency-allowed-procurement-fraud-in-afghanistan-2232?keepThis=true&TB_iframe=true&height=600&width=900&caption=UN+trust+fund+agency+allowed+procurement+fraud+in+Afghanistan

According to an internal U.N. report, the United Nations agency that administers a trust fund bankrolling Afghanistan’s police allowed procurement fraud to flourish for several years.

The report seen by The Wall Street Journal, which hasn’t been made public, casts new light on possible mismanagement at a U.N. office that has channeled billions of dollars into the country since 2002.

The international community’s role in Afghanistan has also been under the question following the report amid delicate moment when U.S. and international troops are departing next year.

LOTFA, the Law and Order Trust Fund for Afghanistan which is administered by the UN Development Program is at the issue which covers payroll and benefits for the Afghan National Police.

Around $2.5 billion has reportedly been delivered by Lotfa which was established in 2002 to help bankroll and build the Afghan police force.

This comes as the international moitors last year raised concerns about suspected fraud at the fund, allegations first reported by The Wall Street Journal.

Lotfa had previously been touted as a model for international assistance however the reports casued a major credibility problem for the UN in Afghanistan. The European Union at that put tens of millions of dollars in anticipated donations on hold amid the investigation.

The United Nations Development Program sent a high-level team last year to review the management of the program which confirmed last December procurement fraud.

The report declared some Lotfa staff colluded with suppliers to inflate the cost of contracts over several years. More important, it pointed to wider problems with the management of the UNDP country office.

A number of the staffers were dismissed by UN after an internal investigation was launched despite UNDP initially denied the allegations.

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Tuesday, January 29, 2013

As if there are not enough - UN establishes yet another trust fund

UN Establishes Trust Fund to Support Youth Volunteerism 

Click here for this in full @: http://www.unric.org/en/latest-un-buzz/28176-un-establishes-trust-fund-to-support-youth-volunteerism



25jan-unnewsA dedicated trust fund has been set up by the United Nations to boost youth volunteerism and harness the energy of young people around the world to contribute to achieving development goals while enhancing their own lives.

Announced by the United Nations Development Programme (UNDP) and the United Nations Volunteers (UNV) programme, the new youth trust fund is an important milestone in developing the inspirational UN Youth Volunteers Programme.

The announcement comes on the first anniversary of the launch by the UN Secretary-General Ban Ki-moon of his Five-Year Action Agenda which includes a specific measure to "create a UN youth volunteers programme under the umbrella of UN Volunteers."

Long-supported by the UN system, volunteerism is widely recognized as a powerful means of transforming the pace and nature of development and draws upon the inherent core values of self-help, solidarity and social cohesion.