Audit of the Millennium Challenge Corporation’s program in Honduras

OFFICE OF INSPECTOR GENERAL for the Millennium Challenge Corporation AUDIT OF THE MILLENNIUM CHALLENGE CORPORATION PROGRAMS IN HONDURAS AUDIT REPORT NO. M-000-09-001-P December 24, 2008 WASHINGTON, DC Office of Inspector General for the Millennium Challenge Corporation December 24, 2008 The Honorable John J. Danilovich Chief Executive Officer Millennium Challenge Corporation 875 Fifteenth Street, N.W. Washington, DC 20005 Dear Mr. Ambassador: This letter transmits the Office of Inspector General’s final report on the Audit of the Millennium Challenge Corporation’s program in Honduras. In finalizing the report, we considered your written comments to our draft report and included those comments in their entirety in Appendix II of this report. The report contains five audit recommendations for corrective action. We consider that a Management Decision has been reached on Recommendations 1, 3, 4, and 5. Final action for recommendations 1, 3, 4, and 5 will require MCC to provide additional documentation. However, we consider that a Management Decision has not been reached on Recommendation No. 2 until MCC provides a detailed analysis of how the Rural Development Project caused the increase in farm and employment income. I appreciate the cooperation and courtesy extended to my staff during this audit. Sincerely, Richard J. Taylor /s/ Acting Assistant Inspector ...