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Fraud, Abuse, Or Retaliation
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Recommendation Details
Text of Recommendation
OPIC develop and implement a borrower evaluation system that contains information on performance, including violations, repayment history, compliance, and development impact. Develop a policy requiring this information to be used in the review process for future deals with reoccurring borrowers.
Recommendation Number
15
Recommendation Status
Open
Recommendation Questioned Costs
$0
Recommendation Funds for Better Use
$0
Associated Report Details
Submitting OIG
Report Title
OPIC Investments Increased Chile's Energy Capacity, but Weak Processes and Internal Controls Diminish OPIC's Ability To Gauge Project Effects and Risks
Report Submitting OIG-Specific Report Number
9-OPC-19-002-P
Report Date Issued
Friday, February 1, 2019
Report Agency Reviewed / Investigated
Report Questioned Costs
$0
Report Funds for Better Use
$0