Sierra Leone News: Exclusive: U.S. Foreign Aid Group May Ignore Its Own Rules and Give Cash to Corrupt Regimes US Secretary of State John Kerry & TeamA U.S. government-funded foreign aid organization is considering sending hundreds of millions of dollars in grants to countries whose flawed, corrupt or undemocratic governments should almost certainly be ineligible for the money according to the agency’s own internal guidelines. The Millennium Challenge Corporation, or MCC, is an independent U.S. foreign aid agency dedicated to “advancing American values” by reducing poverty, advancing good governance, and weeding out corruption. But people familiar with the matter say that the MCC — led by Colorado banker Daniel Yohannes (pictured above, left) — is seriously contemplating giving money to Sierra Leone and Benin, which fail to meet its “control of corruption” requirements, and Liberia and Morocco, which meet less than half of the organization’s 20 requirements for civil liberties, sound economic policies, and other measures. If approved, each country could receive hundreds of millions of dollars of U.S. government funding over the next few years. awoko.org/2013/11/15/sierra-leone-news-exclusive-u-s-foreign-aid-group-may-ignore-its-own-rules-and-give-cash-to-corrupt-regimes/
Posted on: Fri, 15 Nov 2013 12:35:22 +0000
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