Global Fund axes suppliers over Cambodia malaria graft
The Global Fund to Fight AIDS, Tuberculosis and Malaria announced Thursday it had suspended contracts with two international suppliers of mosquito nets after uncovering serious financial wrongdoing in Cambodia. …
The move followed a probe by Global Fund inspectors into claims of corruption at the suppliers, Swiss-based Vestergaard Frandsen and the Singapore unit of Japanese firm Sumitomo Chemical.
The investigation found that between 2006 and 2011, staff from the two companies paid a total of $410,000 (305,000 euros) to two Cambodian officials in return for awarding contracts for insecticide-treated bed nets that help prevent the spread of malaria. …