Monday, December 26, 2005

One year later...

...and the UN reverts to form:

NEW YORK, Dec. 23 (UPI) -- Up to about a third of the $590 million U.N. fund spent for the Indian Ocean tsunami relief may have gone to pay for overhead.

The Financial Times says its two-month investigation showed the money appears to have been spent on administration, staff and related costs. The $590 million was part of the United Nation's $1.1 billion disaster flash appeal.

This shouldn't be too shocking. After all, luxury cars, 5-star hotels and catered lunches don't come cheap these days...and the Oil-for-Food money dried up long ago.

Also, Ben Cunningham points out over at BillHobbs.com that according to a Johns Hopkins Study, the US is the most giving country when it comes to cash donations as percent of GDP.

At least we know that some of the money is getting to where it's needed.


0 Comments:

Post a Comment

<< Home