Word: usaid
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...Professor of Economics Andrei Shleifer ’82 and former Harvard employee Jonathan Hay violated the False Claims Act by making investments in Russia through family while advising the Russian government on its transition to capitalism under a $34 million contract with the U.S. Agency for International Development (USAID), Judge Douglas P. Woodlock found...
Woodlock concluded that the University, which is also a defendant in the federal government’s lawsuit, is liable for breaching the USAID contract due to its employees’ misconduct. But he absolved Harvard of responsibility for the more significant charges of intentional fraud under the False Claims Act, which might have subjected it to triple punitive damages of up to $102 million...
...jury trial, a jury could only decide the amount of damages awarded for all but one charge. In that claim, which Woodlock said would have to be decided at trial, Shleifer asserts he was a “consultant” to the project and therefore not subject to USAID conflict-of-interest regulations, while the government argues he is bound by them...
...HIID), made personal investments in Russia through their families while leading HIID’s “Russia Project,” thus violating USAID conflict-of-interest policy, the government claims...
HIID was hired by the U.S. government in 1992 to advise Russian officials in setting up a market-based economy after the fall of communism. The project ended in May 1997 when USAID suspended and then terminated the program. HIID was disbanded in 2000 by then-University Provost Harvey V. Fineberg...