Greenpeace International update on strengthening financial management
In 2013, Greenpeace International entered into foreign currency contracts which it believed would protect the organisation from fluctuations in various currencies exchanged between Greenpeace International and its national and regional organisations. However, the contracts were entered into by a manager with inadequate knowledge of foreign exchange markets, in breach of procedures and without proper authorisation.
from Greenpeace news http://ift.tt/1K4qE2d
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