42 Ex-Bank Officials: Wolfowitz Must Go

Reuters April 22, 2007 09:32 PM

"We believe that he can no longer be an effective leader," said the letter, which was signed by former World Bank No. 2 under Wolfowitz Shengman Zhang, amongst others.

"He has lost the trust and respect of bank staff at all levels, provoked a rift among senior managers, developed tense relations with the board, damaged his own credibility on good governance -- his flagship issue -- and alienated some key shareholders at a time when their support is essential for a successful replenishment of the resources needed to help the poorest countries, especially in Africa."

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