Wolfowitz To Appear Before Bank Board After Report Concludes He Broke Rules

AP JEANNINE AVERSA May 14, 2007 09:27 PM
World Bank President Paul Wolfowitz broke bank rules in arranging a hefty compensation package for his girlfriend, a situation that has caused a "crisis in the leadership" at the institution, according to a report released Monday by a special bank panel.
The special panel said the bank's full 24-member board must consider whether Wolfowitz "will be able to provide the leadership" to ensure that the bank achieves its mission of fighting poverty around the world.
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Wolfowitz Blames Girlfriend For Forcing Him To Grant Her Salary Increase

Washington Post Peter S. Goodman May 15, 2007 12:07 AM
A World Bank investigating committee sharply rebuked President Paul D. Wolfowitz, concluding that he broke ethics rules and undermined the integrity of the institution in engineering a hefty pay raise for his girlfriend.
"These actions manifest a lack of understanding for and a disregard for the institution as a public international organization," declared the committee's report, which was distributed to the bank's executive directors yesterday and released publicly last night. It calls on the executive board to assess "whether Mr. Wolfowitz will be able to provide the leadership needed to ensure that the bank continues to operate to the fullest extent possible."
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