The FINANCIAL — On January 26, 2015, USAID imposed a suspension on IRD and issued a press release asserting that USAID had made certain findings regarding IRD’s financial controls, management, and lack of present responsibility.
On June 22, 2015 USAID lifted the suspension. On August 3, 2015, the U.S. District Court for the District of Columbia issued an Order requiring USAID to declare that USAID’s suspension of IRD is void ab initio (null and void from its commencement). USAID has nullified and vacated its suspension of IRD, and accordingly has retracted all findings on which it was based. Therefore, IRD should be considered as never having been suspended, and USAID retracts any statements asserting that the suspension of IRD was appropriate and validly imposed, according to USAID.
