SBA Orders Sweeping Audit Of Officers Who Oversaw Grant Awards

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Following the uncovering of a massive bribery scandal at USAID, the Small Business Administration (SBA) is ordering a full audit of all government contracting officers who have exercised grant-awarding authority under the agency’s business development program over the last 15 years.

In a letter obtained by Fox News Digital, SBA Administrator Kelly 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.

“The role of federal government contracting officers is not ceremonial or self-dealing; rather, it is a position of immense authority and fiduciary responsibility,” said Loeffler. “The contracting process must be transparent and built on merit, not personal gain.”

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