Annual report on investigative and anti-corruption activities 2012

FAD’s investigative and anticorruption activities aim to ensure that development funds reach intended beneficiaries in the most efficient, effective and transparent manner possible. Fraud and corruption divert resources away from the people who need them most. The goal of the IFAD Policy on Preventing Fraud and Corruption in its Activities and Operations (EB 2005/85/R.5/Rev.1) is the prevention of fraud and corruption within the Fund itself and in activities financed by IFAD at local, national, regional and international levels.

The Office of Audit and Oversight (AUO) and its Investigation Section (IS) have been mandated to investigate alleged irregular practices, namely: (i) fraud and corruption, in relation to entities, contractors and non-staff individuals applying for or participating in an IFAD-financed project or headquarters-related contract; and (ii) staff misconduct.