Greenpeace International update on strengthening financial management

In 2013, Greenpeace International entered into foreign currency contracts which it believed would protect the organisation from fluctuations in various currencies exchanged between Greenpeace International and its national and regional organisations. However, the contracts were entered into by a manager with inadequate knowledge of foreign exchange markets, in breach of procedures and without proper authorisation.

via Greenpeace news http://ift.tt/1K4qE2d http://ift.tt/eA8V8J

Leave a Reply

Or

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>