Post by Logan on Jun 28, 2016 2:52:18 GMT -6
BLOOMINGTON, Ind. (AP) — Indiana University will repay nearly $440,000 to the U.S. Agency for International Development after an audit found improper documentation of how the money was spent, school officials said.
The money involved a $65 million agreement between IU and USAID for a medical training facility in Kenya, IU vice president for research Fred Cate said. The IU School of Medicine formed the partnership with an African medical school to provide health services and conduct research. IU regularly sends doctors, medical students and medical residents to the program.
About $438,600 has to be returned. Most of it, about $330,000, is because IU signed construction contracts for facilities to be built in Kenya before the agreement with the federal government was signed.
"It would be like signing a mortgage on a house before the title cleared," he said. "You can't include those costs."
Read more: www.kokomotribune.com/news/state_news/indiana-university-to-return-to-usaid-after-audit/article_8b6573a6-3c99-11e6-90db-1f3401106cf8.html
The money involved a $65 million agreement between IU and USAID for a medical training facility in Kenya, IU vice president for research Fred Cate said. The IU School of Medicine formed the partnership with an African medical school to provide health services and conduct research. IU regularly sends doctors, medical students and medical residents to the program.
About $438,600 has to be returned. Most of it, about $330,000, is because IU signed construction contracts for facilities to be built in Kenya before the agreement with the federal government was signed.
"It would be like signing a mortgage on a house before the title cleared," he said. "You can't include those costs."
Read more: www.kokomotribune.com/news/state_news/indiana-university-to-return-to-usaid-after-audit/article_8b6573a6-3c99-11e6-90db-1f3401106cf8.html