Of the $1.1 billion in U.N. disaster funds from a world wide appeal, some $590 million was spent on staff, administration, and "related costs." This, according to an investigation conducted by the Financial Times. It might be even worse as the FT found several U.N. agencies continue to refuse to release details of their spending.
FLASHBACK The U.N. was quick to promise a full audit to ensure countries pay the money they pledged to tsunami relief. (Jan. 6, 2005)
The Financial Times story is behind a subscription wall, something they should reconsider. A FT Synication Service story in The Financial Express, however, has a few details.
If the 2005 tsunami is the major story of 2005, why don't the media spend some time writing the conclusion?
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