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Several years ago, I hired an African who had quit a $35 million USAID-funded project upon discovering that roughly 10% of funds reached intended recipients.
As a result, in 1999 and 2000, about 80-90% of funds reached the schools.
How 1MDB funds reached the US has yet to be clarified.
Investors in those funds reached the break-even point in April 1994 and they promptly began exiting the arena.
According to Milward, recovery was under way well before the advent of the Marshall Plan, and reconstruction of damaged infrastructure was far advanced before the funds reached Europe.
So when the funds reached the $25,000 mark, he decided to give all the donations away to charity and publicly declared so.
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Money flooded into his funds, reaching £31bn until his shock exit last October.
The Green Climate Fund, no doubt, is genuinely asking itself: how can we make sure funds reach those most in need?
But $5 billion that flowed into gold-focused mutual funds in 2009 and 2010, according to Morningstar, helped the funds reach a peak value of $26.3 billion.
Incomprehensible or unexplained delays in funds reaching destinations can shatter people's hopes and dreams - delays sadly common within many NGOs funding development work.
Many if not most of the ministers in Cabinet also regularly seem mired in scandal, with corruption and misappropriation of public funds reaching epidemic proportions.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com