B. Reimbursement for services provided to specialized agencies and others 620

B. Reimbursement for services provided

B. Reimbursement for services provided to specialized agencies and others

United Nations Interim Administration Mission in Kosovo (UNMIK) Investigation into the fraudulent diversion of 4.3 million by an UNMIK staff member of the reconstruction pillar (7) 1 not started

Write off of losses of cash and receivables

Estimated income falls under two categories (a) cost reimbursement for field offices and (b) miscellaneous income.

Doing so would provide some reimbursement to countries that currently carry an unduly large part of the burden.

96. A comparison of the rate of refunds against premiums paid revealed that overall, the return has been approximately 35 per cent.

Recoveries made totalled 44,390, and recovery of the remaining 144,700 is being pursued.

A comparison of the rate of refunds against premiums paid revealed that overall, the return has been approximately 35 per cent.

Cash and accounts receivable amounted to 17,922.

37. Peace keeping operations continue to be hampered by the lack of required cash.

59. This provision has been made pending a final determination as to the loss of cash.

The resulting net requirements ( 19,859,720) are financed from the reimbursement of support costs pertaining to technical cooperation and other services. Details related to technical cooperation delivery and support cost income estimates are shown in tables 1 and 2(b).

As a result of other interventions, recoveries of overpayments for contracts amounted to more than an additional 2 million.

53. In some cases, the amounts recovered have been negligible because the total of the funds misappropriated far exceeded any sums to which the staff member might otherwise have been entitled.

In the light of this information, the Panel recommends no award of compensation for the alleged currency loss despite the fact that the claimant submitted the banknotes to the Commission.

II. Consolidated advances and reimbursements as at 10 October 1994 ... 22

The Board sees the need to seek reasonable compensation as a deterrent to misuse of cash and property and recommends that general guidelines should be established to assess the scale of the required reimbursement.

Investing elicited financial resources in their own name and for their own account, in a reimbursable, chargeable and time bound manner

Gains arising from the revaluation of non euro cash and bank amounts are treated as realized

Many now fear that these huge infusions of cash will make inflation inevitable.

Revenue and expenses are recognized as they occur (and not as cash is received or paid) and reported in the period to which they relate.

Audit of reimbursements to troop contributing countries

The Organization apos s liabilities still far exceed its available cash, and therefore the financial situation continues to be precarious.

180. The Board noted from records of the status of reimbursements due from third parties on the basis of recommendations made by local Property Survey Boards that cases remained on files for long periods in some missions without regular follow up to obtain reimbursement.

Unlocking that cash would give Europe a much larger stimulus package than any government can provide.

Authorized 62 367 187 62 367 187

(For example, an exporter under reports the price received for a foreign shipment, and keeps the extra cash hidden abroad.)

In many cases the Panel was not satisfied that the currency was received during the relevant period or pursuant to the rate imposed by Iraq.

In some States, such as Ethiopia, Nigeria, the Philippines and Viet Nam, imprisonment was the penalty in several others Colombia, Cyprus, the Czech Republic, Denmark, El Salvador, Grenada, Indonesia, Italy, New Zealand, Poland, Portugal, Slovakia and Spain fines were imposed for transborder cash transactions exceeding a specified amount, which could be combined with a confiscation order.

The amounts in respect of cost sharing and cash counterpart contributions are based on budgeted expenditure for the year and will be adjusted on the rephasing of these budgets.

5. In some cases, however, as noted by the Advisory Committee, the amounts recovered have been negligible because the total of the funds misappropriated far exceeded any sums to which the staff member might otherwise have been entitled.

Since the Security and Safety Service is a responsibility of the United Nations Office at Vienna under the common service agreement, it is budgeted in full by the United Nations and reimbursements from other organizations are calculated on the basis of established cost sharing formulas.

11. Consolidated cash decreased significantly owing in part to late payment of outstanding contributions and expenditure in excess of declining income (para. 26).

(i) Refunds of expenditures which had been charged in the same financial period against the budgetary accounts are credited against the same accounts, but refunds of expenditure relating to the prior period are credited to miscellaneous income

(vi) The value of cost savings recommended and amounts recovered (see sect. I above).

Write offs

(Amounts in euros)

In that connection, two suggestions were made (a) the five successor States

Amounts apportioned 545.5 481.4 1 026.9

credit Amounts apportioned

Amounts appropriated

credits Amounts apportioned

Amounts apportioned 2 276.4