Wolfowitz on the way out

international | miscellaneous | other press Tuesday May 15, 2007 08:46 by Don - none

World Bank president Paul Wolfowitz quits finally

Paul Wolfowitz is mired in a scandal regarding payments to his girlfriend. 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.

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