Following the invention of a years-long bribery scheme at USAID, the Small Enterprise Administration (SBA) is ordering a full audit in an try and crack down on fraud.
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From Fox Information:
Following the uncovering of a large bribery scandal at USAID, the Small Enterprise Administration (SBA) is ordering a full audit of all authorities contracting officers who’ve exercised grant-awarding authority beneath the company’s enterprise improvement program during the last 15 years.
In a letter obtained by Fox Information Digital, SBA Administrator Kelly Loeffler stated the dimensions of the USAID fraud is a “damning reflection of systemic failures in oversight and accountability.” She additional stated that the fraud “was not an remoted incident.”
In response, Loeffler instructed Affiliate Administrator Tre Pennie, who oversees authorities contracts awarded by SBA, to “act decisively” to crack down on any potential related abuses within the company.
This follows the uncovering a years-long bribery scheme, lined in an IFA article from June 19. Within the article we posted, an investigation from the Day by day Wire revealed that Roderick Wilson, a USAID contracting official, had accepted bribes from Walter Barnes II, founder of presidency contractor Vistant. Watson reportedly acquired $1 million over a number of years.
In what is probably probably the most troubling a part of the story, Vistant was awarded an $800 million contract even after USAID had discovered that the contractor lacked “honesty or integrity.”
Loeffler, in the meantime, is working onerous to verify fraud like this by no means occurs once more. On the time, we prayed for fraud to be uncovered, and now the Lord is answering these prayers by way of our SBA Administrator. As Loeffler stated, “the contracting course of should be clear and constructed on advantage, not private achieve.”
Because the SBA undertakes this audit, let’s pray for fact and justice.
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(Excerpt from Fox Information. Picture Credit score: Win McNamee/Getty Photographs)
