Five months after its eponymous founder and staunch advocate’s resignation over highly publicized fraud allegations, the U.S.-based Somaly Mam Foundation made public its decision Friday to cease all operations as part of its “moving forward” plans.
In a statement sent to Devex by the foundation’s “former board of directors,” the organization stated that ending “all operations” — including grant funding and other support — is the next best step for the group.
“As of Sept. 30, we officially ceased all operations, ended all grant funding, and permanently closed our doors,” the statement said which can also be found in the group’s now-defunct website. “This was a very difficult decision, but we feel strongly that this is the best course of action for our many wonderful supporters.
About the author
Lean Alfred Santos@DevexLeanAS
Lean Alfred Santos is a former Devex development reporter focusing on the development community in Asia-Pacific, including major players such as the Asian Development Bank and the Asian Infrastructure Investment Bank. He previously covered Philippine and international business and economic news, sports and politics.
