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Over $200 billion likely stolen from US COVID relief programs, watchdog says

one year ago Philippines inquirer

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WASHINGTON — Over $200 billion from the U.S. government’s COVID-19 relief programs were likely stolen, a federal watchdog said on Tuesday, adding that the U.S. Small Business Administration (SBA) had weakened its controls in a rush to disburse the funds. At least 17% of all funds related to the government’s coronavirus Economic Injury Disaster Loan […]

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