World Bank Panel Finds Wolfowitz Broke the Rules

From ABC in the USA:

World Bank Panel Finds Wolfowitz Broke the Rules

Report Says Bank President Broke Rules Over Pay Package for Girlfriend

May 14, 2007

An ad hoc World Bank panel has concluded that bank president Paul Wolfowitz broke bank rules when he orchestrated a promotion and raise for his girlfriend, a bank employee, after he became bank president in June 2005.

The report, submitted to the bank’s board and released Monday, concluded that Wolfowitz‘s actions represented a “conflict of interest.”

The report added that there is a “crisis in the leadership” at the World Bank.

Wolfowitz is expected to appear before the bank’s 24-member board on Tuesday.

The board could vote to oust the president, an unprecedented action.

If the board decides not to vote Wolfowitz out, it could ask him to step down, offer a vote of no confidence, or reprimand him.

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