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Investigation of Wolfowitz role widens
By WASHINGTON POST
Published April 21, 2007
WASHINGTON - The World Bank's board said Friday that it has ordered an ad hoc group of its members to "urgently" conduct a far-reaching investigation into bank president Paul Wolfowitz's involvement in arranging a compensation and promotion package for his companion, who is also a bank employee. The board did not set a time frame for the committee's deliberations, but bank officials said an announcement could come as early as next week. The directors are divided over whether Wolfowitz should continue to lead the antipoverty institution. U.S. officials, who hold sway because the United States is the bank's largest shareholder, have expressed support for Wolfowitz. Wolfowitz welcomed the decision of the board, but reiterated that he does not intend to resign.
[Last modified April 21, 2007, 02:44:11]
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