World Bank Pledges Action - Wolfowitz Fights for Job
Krishna Guha reports for the Financial Times that “Paul Wolfowitz’s future as president of the World Bank was in jeopardy on Friday after the bank’s board issued a damaging finding of facts on his role in the Shaha Riza affair and pledged to ‘move expeditiously to reach a conclusion on possible actions to take.’
The board said that its ‘consideration of the matter’ would ‘focus on all the relevant governance implications for the Bank’.
The promise of further action will intensify pressure on Mr Wolfowitz to step down of his own accord, ahead of possible censure by the board.”
Meanwhile, Paul Wolfowitz fights for his job, while taking responsibility for the entire controversy. He admits that he has made mistakes, but he hopes that he will be able to carry on with his work for the WB…
