Word: usaid
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Shleifer was project director for the program run out of the now-defunct Harvard Institute for International Development (HIID). Together with Hay, Shleifer advised the Russian government on the privatization of their economy. USAID provided the project with $50 million in funding...
...government sued alleging that, while not criminal, Shleifer and Hay’s actions violated the conflict of interest restrictions contained in Harvard’s contract with USAID...
...their motion for summary judgment, Shleifer’s lawyers argue the economics professor was a consultant to, not an employee of, HIID. As a result, they argue, Shleifer was not covered by language in the USAID policy that banned investments by employees in their host countries...
Harvard meanwhile continued to maintain yesterday that it had fulfilled its end of the contract with USAID. HIID provided assistance that USAID lauded at its time as historic, and Harvard had provided the oversight that it was responsible for, the University argued...
Woodlock strenuously questioned both whether Bloom could establish this knowledge and whether billing stubs Harvard submitted to USAID could constitute false claims...