Mali Has Lost $261 Million In Graft During Toure's Final Years

Mali lost more than $261 million to fraud and mismanagement in the two years before ex-president Amadou Toumani Toure was toppled in a 2012 army coup, according to audits released by the authorities that replaced him.
Soldiers in the West African nation ousted Toure on March 22, 2012, angry at his handling of a separatist rebellion by Tuareg fighters in the north.
The auditor-general's reports for 2010 and 2011 said forged documents were used to justify spending, regulations were disregarded, unjustified expense claims were filed and public procurement was marred by irregularities.