>>7406985(lb)
As much as two thirds of grants donated to celebrity-supported Global Fund to Fight AIDS, Tuberculosis and Malaria have been lost in corruption, the Associated Press found.
The findings are a major blow to U2 frontman's goals for (Product) Red, the global charity brand he co-launched that donates a large portion of its proceeds to the organization to fight and raise awareness about AIDS.
Forged documents and improper bookkeeping indicate that a large percentage of the money in the $21.7 billion development fund was lost or embezzled, investigators told the Associated Press. And so far, the inspector general's office has only examined a fraction of the $10 billion spent since the organization began in 2002.
https://www.nbcmiami.com/entertainment/celebrity/NATLCharity-Backed-By-U2s-Bono-Under-Fire-for-Corruption-114453359.html