Posted on Fri Mar 25, 2011 02:28 PM PDT
Madonna has been forced to cancel her plans for a school for girls in Malawi after she reportedly was unable to raise most of the $15 million she needed for the project.
Madonna had already spent $3.8 million on the project, which was supposed to erect a school for impoverished girls in the country from where she adopted two of her children, David, 6, and Mercy, also 6.
â€œA thoughtful decision has been made to discontinue plans for the Raising Malawi Academy for Girls, as it was originally conceived,â€ Michael Berg the co-director of the Kabbalah Centre and the co-founder of Raising Malawi, said Thursday in an e-mail to contributing members of the project, reports the NY Times.
The school had been plagued with financial problems after it was determined that the foundation had already spent $3.8 million on architects, design, salaries and cars for two employees who had not even been hired yet.
Madonna issued a statement Thursday saying â€œThereâ€™s a real education crisis in Malawi. Sixty-seven percent of girls donâ€™t go to secondary school, and this is simply unacceptable. Our team is going to work hard to address this in every way we can.â€
Madonna was forced to oust the old board of directors last year after it was determined by an ouside company that there was a mismanagement of funds, including that $3.8 million which had not gone to any land titles or breaking ground.
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