Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Eugene

(61,974 posts)
Fri Jun 1, 2012, 11:29 AM Jun 2012

Somalia donor money 'goes missing'

Source: BBC

1 June 2012 Last updated at 11:41 GMT

Somalia donor money 'goes missing'

Large sums of money donated to Somalia's UN-backed interim government have not been accounted for, a World Bank report says.

The report, seen by the BBC, is being circulated at talks in Turkey on how to end Somalia's decades of anarchy.

It alleges a discrepancy of about $130m (£85m) in the accounts over two years.

[font size=1]-snip-[/font]

The revelations in the World Bank report come as several hundred Somali politicians meet representatives of more than 50 countries in Istanbul to try to win new funding for the long-term reconstruction of country.

[font size=1]-snip-[/font]


Read more: http://www.bbc.co.uk/news/world-africa-18293101
Latest Discussions»Issue Forums»Foreign Affairs»Somalia donor money 'goes...