Menu
Federal Contractor Misconduct Database (FCMD)
The federal government routinely awards contracts to companies with
histories of misconduct, including
…
contract fraud and other
violations. POGO believes that providing this website will help to
improve contracting decisions and increase public knowledge of how
the government spends billions of taxpayer dollars each year.
Read more…
Review of USAID Bank Supervision Assistance in Afghanistan
Beginning in 2003, BearingPoint (and later Deloitte, which acquired BearingPoint) provided technical assistance at the Afghanistan Central Bank, which supervised Kabul Bank, Afghanistan’s largest private bank. An investigation by USAID’s Inspector General found that BearingPoint and Deloitte advisers failed to aggressively investigate or report serious problems, including fraudulent activities, at Kabul Bank over a span of 2 years before the bank collapsed in September 2010. USAID subsequently terminated the bank supervision component of its contract with Deloitte, but did not hold Deloitte responsible for the fraud or the bank’s failure.
- Misconduct Type
- Poor Contract Performance
- Enforcement Agency
- USAID
- Contracting Party
- USAID
- Court Type
- N/A
- Disposition
- Investigative Finding
- Date of USAID IG Report
- 3/16/2011