Billions missing from Haitian social fund

According to the Haitian Senate, almost $4 billion of a social fund generated from petroleum sales have gone missing, spurring an international protest movement demanding accountability.

Spurred by high-profile hashtag campaigns last August launched by Haitian celebrities, the protestors — mostly young and many of them female — rallied and marched in Haiti, the United States and Canada demanding to know what happened to the money.

The funding was intended to be used for anti-poverty efforts in a country beset by political turmoil and corruption.

The money, which was drawn from the PetroCaribe Fund created by Venezuela’s late President Hugo Chavez, has been “squandered and embezzled,” according to reports by the Haitian Senate.

Source: Haiti Liberté

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