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Aid budget reductions, pandemic and FCDO merger created a more favourable environment for fraud risk 

Despite having strong programme management processes in place, FCDO discovered just £2.2 million in fraud loss in 2020-21 in UK aid compared to its £9.9 billion spend, ICAI finds.   Under-investment in central anti-fraud team leaves staff overseas lacking support.   New finance system introduced after departmental merger without proper training caused payment delays and staff having […]

The post Aid budget reductions, pandemic and FCDO merger created a more favourable environment for fraud risk  appeared first on ICAI.

https://icai.independent.gov.uk/aid-budget-reductions-pandemic-and-fcdo-merger-created-a-more-favourable-environment-for-increased-fraud-risk/

seen at 11:49, 19 April in ICAI.
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