The Problem
”Corruption is widespread and has particularly serious impacts in developing countries where badly needed development funds are often in short supply. Projects funded by international development banks seem to provide easy targets for corruption perhaps because these funds are perceived as coming “from outside” and are subject to relatively little external monitoring”. Richard G. Dudley
The Rotten Mango: The Effect of Corruption on International Development Projects
New Financial System for Stricter Accountability
AC uses many developed financial tools as a solution to corrupt practices in the NGO business – mismanagement, double funding for the same project, inflating costs, diverting public funds towards personal interest, receiving money for activities that never take place, and other common practices.
Our financial records do not include vague budget lines as ‘workshop’ or ‘fees’ but describe the exact activity and its justification, in an activity and results oriented format. This system educates for personal accountability, in a place where NGOs are widely perceived by the public as The “goldmines” for corrupt gains.