UN’s Lost Aid May Be Tip of the Iceberg

By WILLIAM BOOT

Wednesday,July 30,2008

BANGKOK—The loss of United Nations aid money via “unacceptable” exchange rates orchestrated by the Burmese regime was going on long before this week’s disclosures about Cyclone Nargis cash losses, a US nongovernmental organization says.

“There are indications that [the United Nations Development Program], even prior to Cyclone Nargis, provided larger cuts to Myanmar’s Than Shwe government than the [up to] 25 percent now admitted to by the UN’s humanitarian operations,” said Matthew Russell Lee of the New York-based NGO Inner City Press.

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