Last update 04/06/2012 08:00:00 AM (GMT+7)
Denmark stops ODA grant for three projects
VietNamNet Bridge – All four inspected Danish-funded projects committed misuse, with fault completely made by the Vietnamese partners. Denmark has suspended funds to three of them.
Christian Friis Bach, Denmark’s Minister for Development Cooperation announced to stop funding for three projects in Vietnam. Denmark government, via the Danish International Development Assistance (DIDA), has provided grant assistance to the implementation of four research projects on climate change in Vietnam.
The first rumor about misuse at the four projects appeared in early this year. In April, the Danish Embassy in Hanoi received a detailed report on wrongful spending of these projects, from the Danish Auditing Office. Based on this report, the embassy hired the PriceWaterhouseCoopers (PWC) to audit these projects, which received Denmark’s ODA from October 2011.
The Danish Foreign Ministry published the PWC’s auditing report on its website last week, showing that all four projects committed misuse and ‘all violations were committed by the Vietnamese side.’
The first rumor about misuse at the four projects appeared in early this year. In April, the Danish Embassy in Hanoi received a detailed report on wrongful spending of these projects, from the Danish Auditing Office. Based on this report, the embassy hired the PriceWaterhouseCoopers (PWC) to audit these projects, which received Denmark’s ODA from October 2011.
The Danish Foreign Ministry published the PWC’s auditing report on its website last week, showing that all four projects committed misuse and ‘all violations were committed by the Vietnamese side.’
Read full article:
http://english.vietnamnet.vn/en/special-report/23181/denmark-stops-oda-grant-for-three-projects.html
