The United Nations Office for Project Services (UNOPS), which deals with operational projects, had entrusted the entire sum to a single British businessman and now faces $22 million in bad debts, as per a New York Times Report earlier this month. A $60-million scandal involving loans and grants by a little-known UN agency also included a $2.5 million investment to build affordable houses in India in 2019 — none of which have materialized yet. The project was under the Sustainable Infrastructure Impact Investments (S3I) initiative, launched in 2018, which is now being probed by the UN for allocating all it’s funding to companies linked to Kendrick.

Source: indianexpress.com