PetroCaribe scandal: Haiti court accuses officials of mismanaging $2 bln in aid

Haiti's High Court of Auditors released a report Monday slamming the fraudulent and often illegal management by various ministers and…

Haiti’s High Court of Auditors released a report Monday slamming the fraudulent and often illegal management by various ministers and administrations of nearly $2 billion in aid from Venezuela between 2008 and 2016.

The more than 1,000-page-long report details projects undertaken without a needs assessment or even a cost estimate.

“The investment projects and contracts related to the PetroCaribe fund were not managed in accordance with the principles of efficiency and economy,” the court concluded in the report.