Premium
This is an archive article published on May 8, 2007

World Bank panel misses deadline on Wolfowitz

The World Bank committee investigating misconduct charges against Paul D Wolfowitz, the bank president, failed to complete its review on schedule this weekend, but bank officials said the panel would eventually find that he violated bank rules barring conflicts of interest.

.

The World Bank committee investigating misconduct charges against Paul D Wolfowitz, the bank president, failed to complete its review on schedule this weekend, but bank officials said the panel would eventually find that he violated bank rules barring conflicts of interest.

The committee, made up of seven of the 24 members of the bank8217;s board of directors, indicated last week that it would reach a conclusion about Wolfowitz on Saturday and transmit its findings to him to allow him to prepare for a rebuttal this week. But no results were transmitted by Sunday evening.

Bank officials said the committee was also preparing a recommendation on what the full board should do in light of its findings but would not be disclosing that to Wolfowitz. The panel is considering whether to recommend an outright removal or some kind of no-confidence vote that may persuade him to resign. This part of the conclusion is not likely to become known until later, bank officials said. The committee8217;s delay in drafting its conclusions made it likely that deliberations over Wolfowitz would be delayed at least until the end of the week. Wolfowitz has rebuffed suggestions that he resign and has accused critics of waging a 8220;smear campaign8221; to force him out.

In a related development, a top Wolfowitz aide resigned today, saying the controversy surrounding the development lender made it difficult for him to be effective.

Kevin Kellems, the director of strategy and an adviser to Wolfowitz since June 2005, said he has quit to pursue other opportunities.

8220;Given the current environment surrounding the leadership of the World Bank Group, it is very difficult to be effective in helping to advance the mission of the institution,8221; he said.

 

Latest Comment
Post Comment
Read Comments
Advertisement
Advertisement
Advertisement
Advertisement