Israel Rafalovich: News Analysis; The Wolfowitz Controversy, a Wake-Up Call for Europe + UPDATES

Article image Washington

The pressure intensifies on World Bank president Paul Wolfowitz to resign, as the World Bank board wrangles with the subject of his approval of A high paying position for his partner, Ms Shaha Riza.
The staff of the World Bank and development organisations are calling for his resignation, as anger increased after last Thursday’s apology that he erred in the handling of the promotion of his girlfriend, a former senior communications officer in the World Bank's Middle East Department.

The board of the bank failed to reach a final decision on the issue after an overnight session, as it focused on the question of whether Paul Wolfowitz gave preferential treatment to Ms. Shaha Riza.
The board directors are buying time while they clarify bank rules in an in an unprecedented situation.

In a statement, the bank's board said that the "ethics committee, including its chairman, had not been involved in the discussions with concerned staff members. Neither did it find that the terms and conditions of the agreement had been commented on, reviewed or approved by the ethics committee, its chairman or the board."

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