Trump Admin Launches SBA Audit Amid USAID Bribery Scandal

Following the uncovering of a massive bribery scandal at USAID, SBA chief Kelly Loeffler is ordering a full audit of all government contracting officers over the last 15 years. In a letter obtained by Fox News Digital, Loeffler said the scale of the USAID fraud is a ‘damning reflection of systemic failures in oversight and accountability.’ She further said that the fraud ‘was not an isolated incident.’ In response, Loeffler instructed Associate Administrator Tre Pennie, who oversees government contracts awarded by SBA, to ‘act decisively’ to crack down on any potential similar abuses in the agency. Loeffler instructed Pennie to immediately initiate a full-scale audit of the agency’s awarding officers back to 2010.