Fri 13 Apr 2007
World Bank’s president Paul Wolfowitz is threatened with resignation
Posted by webmaster under ConflictsThe sound scandal has among Word Bank’s stuff was caused by spontaneous behavior of its president: Wolfowitz has sharply raised wages of one of bank employees with whom he has been in close relations for a long time.
On Thursday it has been declared that the president of bank Paul Wolfowitz Paul tender resignation. The members of this association have called Wolfowitz to submit to resignation, declaring, that his actions will not be coordinated with struggle of bank against corruption all over the world.
As it has been in the World Bank employees association’ application, the top management calls for fair management and the top management should be an example of the behavior it defends. The scandal began after Paul Wolfowitz has sharply raised wages of one of bank employees with whom he has been in close relations.
Soon after he started to work in the World Bank (in 2005) he has lump sum increased the salary by 61 thousand dollars to his Libyan girlfriend Shaha Riza.
Such behavior contradicts the rules of bank providing maximum lump sum increase in 30 thousand dollars.
In 2005 Riza has passed to work from the World Bank into the US State Department. Before leaving of the employee, her not taxed income made nearby 193 thousand dollars a year. For comparison - the income of the US state secretary Condoleeza Rice before the deduction of taxes makes 186 thousand dollars.
During the assembly of World Bank employees association Paul Wolfowitz has declared that he had made a mistake for which he deeply apologies, however, he has not expressed desire to leave the post, though he has noted, that he would agree with any decision, accepted by the Bank’s Council.
Now the commission, which should establish whether Wolfowitz has broken internal bank instructions, when he raised wages to his girlfriend, is being considered.
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