In the wake of the massive earthquake that tore an already-troubled Haiti apart in 2010, Wyclef Jean—one of the island’s most successful sons—sprang into action to assist via his Yele Haiti charity.
But what we learned later was that the charity was run disastrously, and was the subject of a huge investigation regarding misuse of donated funds.
According to The New York Times, Yele Haiti essentially (and quietly) shut down last month, leaving a parade of upset creditors and angry would-be recipients in its wake.
The numbers reveal some pretty scathing stuff. Yele Haiti collected over $16 million in donations following the series of earthquakes the decimated the island’s capital city of Port-Au-Prince and ripped much of its already-tenuous infrastructure to shreds.
But the money rarely made it into the hands of those who needed it, instead going to salaries, travel, consultants fees, and eventually to the team dealing with the group’s building legal troubles.
It was merely the latest in a string of problematic economic decisions for the foundation. READ FULL STORY »