The Good Guys say this is merely an accounting quibble, the Bad Guys say that this means at least $24 billion and up to $41 billion of World Bank funds are somewhere in the ether of global finance thanks to variances in accounting practices
News on the Net -- The Gateway Pundit, Bio and Archives--December 30, 2024
| Comments | Reader Friendly | Subscribe | Email Us
Ah, fact-checking. Where would we be without it?
Take, for instance, a recent story that made the rounds on social media. According to these reports, Oxfam — the British NGO — found that a huge chunk of the World Bank’s spending on climate change-related issues was “missing.”
Thank heavens for fact-checkers like the Australian Associated Press — a Poynter Institute-accredited fact-checker from down under — which set us all straight: “An Oxfam report did not find that $US41 billion has gone ‘missing’ from the World Bank’s climate change fund, contrary to claims online.” ---More...
View Comments
News from around the world