Misconduct alleged in management of Square Kilometer Array in Australia
According to a whistle-blower, there has been financial misconduct in international management of the Square Kilometer Array (SKA) being built in remote western Australia.
In response to the disclosure, a copy of which has been seen by the Guardian, Zerbi has initiated an investigation into claims that public funds from member states have been lost through trading accounts – and then covered up by the organisation through the shuffling of funds internally.
At the centre of the misconduct allegations is a claim that at least ÂŁ12m (A$25.1m) was lost through investment in three money market funds, with one fund allegedly losing 45% of its value. The Guardian has seen balance sheet extracts and statements that appear to confirm the investments by the SKAO, which is headquartered at the Jodrell Bank Observatory near Manchester.
The report also calls for an investigation into claims funds are being shifted within the organisation, and currency fluctuations being fabricated to conceal these losses from the governing council overseeing the project.
The project is significantly overbudget.
SKA management denies the alliegations, though it has at the same time begun its own investigation.
This corruption likely stems from the project’s international setup, which apparantly makes it “immune from normal legal processes and exempt from paying tax.” In addition, “international staff employed on the project in Australia are hired on diplomatic visas.” Under these conditions we should not be surprised if some hanky-panky with large sums of money took place.
According to a whistle-blower, there has been financial misconduct in international management of the Square Kilometer Array (SKA) being built in remote western Australia.
In response to the disclosure, a copy of which has been seen by the Guardian, Zerbi has initiated an investigation into claims that public funds from member states have been lost through trading accounts – and then covered up by the organisation through the shuffling of funds internally.
At the centre of the misconduct allegations is a claim that at least ÂŁ12m (A$25.1m) was lost through investment in three money market funds, with one fund allegedly losing 45% of its value. The Guardian has seen balance sheet extracts and statements that appear to confirm the investments by the SKAO, which is headquartered at the Jodrell Bank Observatory near Manchester.
The report also calls for an investigation into claims funds are being shifted within the organisation, and currency fluctuations being fabricated to conceal these losses from the governing council overseeing the project.
The project is significantly overbudget.
SKA management denies the alliegations, though it has at the same time begun its own investigation.
This corruption likely stems from the project’s international setup, which apparantly makes it “immune from normal legal processes and exempt from paying tax.” In addition, “international staff employed on the project in Australia are hired on diplomatic visas.” Under these conditions we should not be surprised if some hanky-panky with large sums of money took place.