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Media reports ignore that Global Fund resources deliver tremendous results in the fight against AIDS
Date:2/7/2011

February 7, 2011 Geneva, Switzerland. Following the publication of several media reports which seriously distort the extent of fraud discovered in grants financed by the Global Fund to Fight AIDS, TB and Malaria, the International AIDS Society (IAS) urges all donors and governments to continue their funding.

The Global Fund is a unique and innovative financing instrument which attracts, manages and disburses resources to prevent and treat HIV/AIDS, tuberculosis and malaria. The fund is the most effective mechanism through which to disburse large amounts of resources rapidly and is credited with saving millions of lives. It is recognized as such by the international community. When the Global Fund was first created in 2002, only 40,000 people living with HIV in low and middle-income countries were receiving life saving anti-retroviral drugs. By December 2009, Global Fund-supported programmes were providing antiretroviral therapy to 2.5 million individuals in 104 low and middle-income countries, and the Global Fund Board had approved proposals totaling USD 19.2 billion and disbursed over USD 10 billion for HIV, TB and malaria control efforts to over 140 countries.

A distinguishing feature of the Global Fund is its strict and transparent auditing system, and its openness when it uncovers corruption. "Last week's reports on this subject contained no real news, and only referred to the Global Fund's own published audits which openly acknowledged that sums of money had been misappropriated," commented Julio Montaner, IAS Past President. "It would be a bitter irony if the Global Fund loses funding because of these reports, only for the same resources to be directed towards other multinational aids agencies who face the same challenges when it comes to fraud, but who may not be as transparent in their reporting. "

"All fraud is unacceptable and international financing mechanisms such as the Global Fund must work rigorously to ensure that
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Contact: Lindsey Rodger
lindsey.rodger@iasociety.org
41-227-100-822
International AIDS Society
Source:Eurekalert

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