Fill out this form to email this article to a friend
Politics
Wolfowitz said to be discussing departure
By ASSOCIATED PRESS
Published May 17, 2007
WASHINGTON - Embattled World Bank president Paul Wolfowitz sought a face-saving agreement Wednesday that would allow him to resign under his own terms and escape some blame for the conflict of interest involving his girlfriend's generous pay deal, the Associated Press reported. The negotiations, disclosed by officials familiar with them, took place as the bank's board deliberated Wolfowitz's fate. The board's meeting ended Wednesday without a resolution. Deliberations were to resume this morning. Wolfowitz wanted the bank to accept some responsibility for the conflicts cited by a special bank committee, according to officials who spoke on condition of anonymity. It was not clear whether the board would agree to Wolfowitz's terms. Pressure on Wolfowitz to resign has grown since release of the panel's report Monday regarding his handling of the 2005 pay package of bank employee Shaha Riza. Wolfowitz has maintained that he acted in good faith. European members - led by France, Germany and the Netherlands - are pushing for Wolfowitz to resign.
[Last modified May 17, 2007, 02:04:05]
Share your thoughts on this story
Comments on this article
|
by IssyWise
|
05/17/07 08:17 PM
|
|
Wolfie is a thief who diverted funds from the world's poor to feather the nest of his bedmate. President Bush's support of Wolfie, regardless of the theft, will cost the US the right to name the head of the World Bank. What are Bush's priorities?
|
|
News
Fifty years ago, they were screwed-up kids sent to the Florida School for Boys to be straightened out. But now they are screwed-up men, scarred by the whippings they endured. Read the story and see a video and portrait gallery.
Print
Email story
Comment
Letter to the editor
