Devex 53d ago

How did a $60 million @unitednations project to build low-cost housing result in zero homes and a secret $500,000 interest-free loan? For years, Vitaly Vanshelboim was a high-ranking UN official. Today, he is held in a Spanish prison alongside accused terrorists and drug traffickers, fighting extradition to the U.S. on charges of bribery and money laundering. In an exclusive article, Devex’s Colum Lynch goes inside the Valdemoro penitentiary to hear Vanshelboim’s side of the story and sifts through thousands of pages of confidential documents to uncover the shadow deals that brought down a financial wizard and tarnished the UN’s reputation. Read the full article via the link below: https://www.devex.com/news/exclusive-the-un-s-60-million-fiasco-111995