Annual report on investigative and anti-corruption activities 2004

The Oversight Committee (OVC) was established by the President of IFAD in May 2000, pursuant to President’s Bulletin 2000/04, to coordinate investigations into alleged irregular practices as a means of ensuring consistent, prompt and appropriate responses to allegations. The OVC membership comprises the Vice-President of IFAD as Chair, the General Counsel and the Chief, Internal Audit.1 The Special Advisor to the Vice-President and other IFAD officers (on invitation) have also participated in OVC meetings. The mandate of the OVC was reinforced in July 2003 through the adoption of the UN/IFI Uniform Guidelines for Investigation (see President’s Bulletin 2003/06, copy attached).