Oxfam's regular monitoring processes have found financial irregularities in an Oxfam program for flood relief in Sindh, Pakistan. Oxfam takes transparency and accountability extremely seriously. As a result, an independent, external financial audit is currently taking place.
Oxfam welcomed commitments by France, Germany and the UK to make it mandatory for oil, gas and mining companies to publish data regarding their payments in resource-rich countries.
2010 saw Europe missing their poverty targets and today Heads of State compounded this by failing to put new commitments on the table to achieve their 2015 aid targets and keep their promises to the world’s poorest people.
The deadline for the Extractive Industries Transparency Initiative arrives, but only two out of 22 countries have completed their validation.