The FT has an update on the world bank Wolfowitz story today. To be resolved one way or another this week apparently. But then we thought that about the Boots takeover (see previous post).
Did Wolfowitz break the rules seriously enough? The UK press generally says yes, the Wall St Journal says no and that lefty development people want him out.
A top anti-corruption figure told me last week that there is no question, he broke the rules and must resign, or the Bank’s position (like the UK governments on corruption in light of the Saudi/BAE scandal) will become totally untenable and a laughing stock among other nations.
Personally I’d agree. If you put your neck on the anti-graft line so obviously (and no bad thing that he did, despite the tactics then used) then you have to take the rough with the smooth, as they say.
Toby Webb, Editor