Wolfowitz Caught in the Act
Posted on Apr 13, 2007
As head of the World Bank, Paul Wolfowitz cut off funding to nations he deemed corrupt—but then corruptly rewarded his girlfriend, Shaha Riza, with a plum job. Now he’s feeling pressure to resign from higher-ups within the organization.
In a statement, the World Bank’s board said it had never given its approval for a wage rise for Ms. Riza ordered by Mr. Wolfowitz, despite claims to the contrary by the World Bank president.
The board said the World Bank’s ethics committee “had not been involved in the discussions with the concerned member of staff.”
“The executive directors will move expeditiously to reach a conclusion on possible actions to take,” the board added.
Ms. Riza’s promotion and pay rise has attracted strong criticism from staff within the bank.