Report File
Date Issued
Submitting OIG
U.S. Development Finance Corporation OIG
Other Participating OIGs
U.S. Development Finance Corporation OIG
Agencies Reviewed/Investigated
U.S. International Development Finance Corporation
Report Number
DFC-24-002-C
Report Description
The U.S. International Development Finance Corporation (DFC), Office of Inspector General (OIG) contracted with an independent public accounting firm to conduct a congressionally requested audit of DFC’s renewable energy and financing projects. The U.S. House of Representatives Committee on Appropriations requested DFC OIG to complete a follow-up audit similar to U.S. Agency for International Development (USAID) OIG’s audit of Overseas Private Investment Corporation’s (OPIC) Chile Energy Sector Portfolio completed in 2019. With congressional approval, this audit focused on DFC’s renewable energy and financing projects in India, which is the Corporation’s largest country investment partner at approximately $3.6 billion.
Report Type
Audit
Agency Wide
Yes
Number of Recommendations
13
Questioned Costs
$54,910,000
Funds for Better Use
$0
