Procurement Manipulation

Donor Rules Followed, Funds Misused: The Illusion of Compliance

Donor Rules Followed, Funds Misused: The Illusion of Compliance

Pholus Advisory | 08/27/2025
In complex operating environments, compliance can become a performance. Financial reports are submitted on time. Procurement procedures are formally documented. Spending appears aligned with approved budgets. And yet—funds go missing, services fall short, and outcomes deteriorate. When donor rules are followed but money is still misused, the problem is not…
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