Wolfowitz broke World Bank rules
Published May 15th, 2007
A panel of executives at the World Bank says its President Paul Wolfowitz broke bank rules in awarding a substantial pay rise to his girlfriend.
The directors said the full board of the World Bank should consider whether Mr Wolfowitz was still able to provide effective leadership.
He is due to appear before the full 24-member board on Tuesday.
The board has the power to dismiss Mr Wolfowitz, reprimand him or report a lack of confidence in his leadership.
In remarks released ahead of the board meeting, the panel said Mr Wolfowitz provoked a “conflict of interest” at the World Bank.
It ruled he had broken the bank’s code of conduct and violated the terms of his contract.
The full board must address the issue of Mr Wolfowitz’s ability to continue in his job, the panel urged.
A spokesman for the US treasury secretary said the panel’s findings did not merit Mr Wolfowitz’s dismissal.
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