NGOs Abusing Donated Funds – NANGO

Tuesday, November 11, 2008 - 15:52

The Association of Non-Governmental Organisations (NANGO) says a number of NGOs are abusing donated funds before projects are implemented, disadvantaging the intended beneficiaries in the process.

NANGO spokesperson Fambai Ngirande, points out that: “It’s a huge challenge because of the volatile economic environment given the many temptations in the value of the United States dollar.”

The comments come shortly after the United States-based Kellog Foundation, which bankrolled projects in southern Africa amounting to US$350 million since 1986, withheld funding after uncovering financial irregularities on some of its projects.

To read the article titled, “NGOs abusing donated funds,” click here.


Source: 
<br /> Financial Gazette
Article link: 

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