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Surprise: World Bank Lost Track Of $24 Billion In Climate (scam) Funds

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These are the same grand poobahs of the climate cult who want trillions redistributed from taxpayers in 1st World Nations

World Bank bureaucrats lost track of at least $24B in funds fighting climate change: ‘Could be twice or 10 times more’

Bungling World Bank bureaucrats lost track of at least $24 billion bankrolling the battle against climate change, according to a bombshell report by a left-leaning charity group.

An investigation by Oxfam revealed “poor record-keeping practices” by the DC-based international lender that resulted in anywhere between $24 billion and $41 billion in misplaced funds.

The agency’s audit showed “a lack of traceable spending” over the past seven years — partly because of an oddball accounting practice in which the bank accounts for its climate financing at the time of a project’s approval rather than at the time of project completion, according to the report release last week.

“This is like asking your doctor to assess your diet only by looking at your grocery list, without ever checking what actually ends up in your fridge,” said Kate Donald, the head of Oxfam’s Washington DC office.

A World Bank insider, speaking on condition of anonymity, suggested the figure for the missing money “could be twice or 10 times more.”

How much of this money is ending up in the pockets of World Bank employees? How much goes to graft, especially in 3rd World shitholes?

“All the figures are routinely made up,” the source said. “Nobody has a clue about who spends what.”

This sounds like another international agency which needs to be cut of from U.S. funding unless they get it together and stop being shady.

The post Surprise: World Bank Lost Track Of $24 Billion In Climate (scam) Funds appeared first on Pirate’s Cove.


Source: https://www.thepiratescove.us/2024/10/24/surprise-world-bank-lost-track-of-24-billion-in-climate-scam-funds/


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