Today, our colleagues Alex Ginsberg, Glenn Sweatt and Kevin Massoudi published their Client Alert on a recently issued Special Inspector General for Afghanistan Reconstruction (SIGAR) Report that finds over $15 billion in waste, fraud and abuse. In New SIGAR Report Identifies “Waste, Fraud and Abuse” in Afghanistan, our colleagues identify key takeaways from the Report include:
- The Report reviewed public spending for Afghanistan reconstruction efforts and identified at least $15.5 billion in waste, fraud and abuse.
- The Report specifies that “fraud” accounts for less than 1% of this figure.
- The Report confirms that over 99% of the findings in the recent audit were characterized as “waste.”
- Further regulatory and enforcement actions may result for contractors that perform contracts in this region.