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Vaccine financier recovering Cameroon, Niger funds

January 19, 2012
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GENEVA—A global financier of vaccines for children in poor countries says it is working with the governments of Cameroon and Niger to recover up to $6.7 million in misused or stolen funds.

The Geneva-based GAVI Alliance, an organization funded by a handful of developed nations and the Bill and Melinda Gates Foundation, said Thursday the health ministries of both countries "have cooperated fully and confirmed their commitment to take all necessary measures, including the reimbursement of misused funds."

A statement from GAVI says investigators found up to $4.2 million of misused funds in Cameroon, including $1.8 million that is being investigated as theft.

It said up to $2.5 million in Niger was misused, including $1.5 million that is being investigated as theft.

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