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WB President Wolfowitz breaks rules, panel says
www.chinaview.cn 2007-05-08 08:24:23
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‘€A panel of World Bank directors found Wolfowitz broke bank rules.
‘€The contents of the panel's findings were not made public.
‘€The report, as transmitted to Wolfowitz, did not recommend a punishment for Wolfowitz.

   
World Bank President Paul Wolfowitz said on Sunday that he refuses to give up his post over the promotion and pay rises for a close female friend he has dated.

Paul Wolfowitz and his close female friend Shaha Riza(File Photo)

BEIJING, May 7 (Xinhuanet) -- A special panel of World Bank directors has found that World Bank President Paul Wolfowitz broke bank rules in arranging for a pay package and promotion for Shaha Ali Riza, his companion, in 2005. The findings stepped up the pressure on Wolfowitz to resign, U.S. media reported on Monday.

    The contents of the panel's findings were not made public. People who are familiar with the panel's report said that it reviewed extensive documents and testimony before concluding that Wolfowitz breached his obligations in arranging for Riza's reassignment from the bank to the State Department.

    The report, as transmitted to Wolfowitz, did not recommend a punishment for Wolfowitz. Bank officials, speaking anonymously because the proceedings are supposed to be confidential, said that the special committee was still working on what to recommend.

    The controversy over Riza's pay package has spurred calls for Wolfowitz' resignation. He is fighting to hold onto his job.

    Wolfowitz will be given a chance to weigh in before the report is forwarded to the bank's board, the officials said.

    Wolfowitz' attorney, Robert Bennett, said his client was being given 48 hours to respond, which he called "unreasonable and unfair," and said they had requested to have until next Monday.

    The bank's 24-member board will decide what action should be taken, if any. A decision is expected soon.

    A range of disciplinary options has been discussed. The board could fire Wolfowitz, ask him to resign, signal that it lacks confidence in his leadership, reprimand him or take no action. Some believed that prospects were fading for a compromise under which Wolfowitz would avoid a harsh reprimand but would resign anyway.

   Wolfowitz has maintained that he acted in good faith in arranging Riza's pay package and has accused his critics of launching a "smear campaign" against him.

    (Agencies)

Related:

WB President Wolfowitz's adviser plans to resign

    WASHINGTON, May 7 (Xinhua) -- A top adviser to World Bank President Paul Wolfowitz said on Monday that he will resign from his service, citing the controversy surrounding Wolfowitz made it difficult for him to be effective.

    "Kevin Kellems, Director of Strategy in External Affairs and Senior Adviser, has informed me of his intention to resign from service in the World Bank group, effective next week," said World Bank Senior Vice President Marwan Muasher. Full story

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Editor: Han Lin
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