Norwegian Aid Foundation Repays 3.9 Million Swedish Kronor to Sida After Dispute
Photo: Fredrik Sandberg/TT

Norwegian Aid Foundation Repays 3.9 Million Swedish Kronor to Sida After Dispute

The Norwegian aid foundation Nordic International Support Foundation (NIS) has repaid just over 3.9 million Swedish kronor following a dispute with the Swedish aid agency Sida.

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Sida had demanded that Nis repay the aid after accounting firm KPMG determined that the Norwegian foundation had been negligent in its documentation, the news site Panorama Nyheter reports.

Nis, which runs projects in Somalia and elsewhere, could not show that the money had actually gone to its intended purpose. According to Sida, some of the aid had instead gone towards building up the foundation's own capital.

The foundation had previously repaid part of the claim but disputed the rest. Now, however, the full amount has been repaid.

Norway's Ministry of Foreign Affairs is still investigating the organization, according to Panorama.

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AuthorTT News AgencyEnglish edition by Sweden Herald, adapted for our readers
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