New push on Capitol Hill for more oversight of US aid agency

WASHINGTON (AP) — Key U.S. senators said they want more oversight of the Overseas Private Investment Corporation, the federal government’s development finance agency that was the subject of an Associated Press investigation earlier this week into a failed $217 million energy project in western Africa marked by insider connections and questionable due diligence.

The AP’s review put renewed attention on oversight of the federal agency. Last year, legislation that would have created the position of an inspector general inside OPIC, part of larger legislation known as the Energize Africa Act, failed to pass Congress. Bill co-author Sen. Bob Corker, R-Tenn., the new chairman of the Senate Foreign Relations Committee, continues to support the measure. A committee aide said the effort carries broad support…

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