WASHINGTON, January 27 (Sputnik) — US government contractor International Relief and Development (IRD) will be suspended from government grants as the non-profit humanitarian organization and is under investigation for mismanagement of funds, US Agency for International Development (USAID) announced in a press release Monday.
“The Agency's review revealed serious misconduct in IRD's performance, management, internal controls and present responsibility,” USAID explained. “USAID has a zero tolerance policy for mismanagement of American taxpayer funds and will take every measure at our disposal to recover these funds.”
USAID’s inspector general is carrying out an investigation into IRG.
IRD, a non-profit humanitarian organization, has carried out nearly $3 billion in humanitarian projects around the globe since 1998, according to its website. Donors in addition to USAID include the State Department, UNICEF and dozens of other funding organizations and foundations.
