Cory Bernardi (SA, Australian Conservatives) Share this | Hansard source

I thank the minister and I say that Mr Sopko said the World Bank did not know how the money was being spent and:

… most of what we have identified are just head-smacking stupid programs and really poorly managed and no accountability.

From 2003 to 2020, Australia may be exposed to the tune of $520 million to the World Bank fund and $70 million to the UN fund. What exactly are Australia's past, present and future commitments to these funds, and what assurances can the government give that Australian taxpayer money isn't being lost in this black hole of corrupt bureaucracy?