World Bank chief under pressure to quit over pay scandal | AFP Published: Thursday April 12, 2007
World Bank president Paul Wolfowitz Thursday confessed to errors over a pay scandal surrounding his girlfriend but still faced an open revolt from staff members agitating for his resignation.
The former deputy US defense secretary, one of the architects of the war in Iraq, refused to say if he might be forced out as the bank's 24-member executive board investigates the controversy.
But ahead of the bank's annual spring meeting this weekend, which threatens to be overshadowed by the dispute, he said: "I will accept any remedies they propose.
"I made a mistake, for which I am sorry," Wolfowitz told a news conference, as uproar deepened over an employment package worth nearly 200,000 dollars given by the World Bank to his Libyan-born partner, Shaha Riza. ...
Friday, April 13, 2007
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