Posted: Nov 15, 2012 5:02 AM by AP/CS
GENEVA (AP) - A $23 billion health fund trying to restore its image has fired its top internal watchdog, whose office has been uncovering financial losses.
Â The board of the Global Fund to Fight AIDS, Tuberculosis and Malaria says it terminated the employment of Inspector-General John Parsons "after a careful review of his performance, which was found to be unsatisfactory.Â "
A fund statement Thursday said the board expects to find a permanent replacement to head the Office of the Inspector General within six months.
The fund also is selecting a new executive director Thursday.
The previous director resigned because a review panel that the fund created after Associated Press articles last year about financial losses led some donors to withhold funding, and the fund scaled back its spending.