Talk:World Bank Group

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UK withholds World Bank donation[edit]

Some quotes ¨The UK had taken the stance as it opposed World Bank efforts to impose damaging policies that force poorer countries to liberalise their markets.¨ [1]

Corruption is ont WB corruption[edit]

Beginning in 2005, Paul Wolfowitz, President of the World Bank, allegedly used his position to influence a pay and grade increase for his girlfriend Shaha Riza. Riza, who had held a position at the bank before Wolfowitz was appointed president in June 2005, was required to leave the bank and re-assigned to the State Department to avoid a conflict of interest, working in the office of Liz Cheney, daughter of Dick Cheney, while remaining on the bank's payroll. Her salary was increased from nearly $133,000 to tax-free compensation of $180,000, and eventually reached $193,590 after subsequent raises. The panel concluded that the salary increase "at Mr. Wolfowitz's direction" was "in excess of the range" allowed under bank rules. As a result of this controversy, Paul Wolfowitz has resigned effective June 30, 2007.[citation needed]

The World Bank head of "Institutional Integrity" department at that time was Suzanne Folsom. She is the wife of George Folsom who is the President of the International Republican Institute and a personal friend of Paul Wolfowitz. According to the Financial Times her appointment as "a person close to Mr Wolfowitz, and with a political background...to a unit that was seen as independent of the president’s office since it was set up in 2001" was met with great concern by some senior staff. Wolfowitz's efforts to control the bank are seen by some senior staff to have led to "a lack of consultation by Mr Wolfowitz’s advisers, and an atmosphere of suspicion."[1]

this whole section is not about World Bank corruption. Hence removed and placed here.

COMMENT 2013-11-04: The reference to this in the introductory section is unnecessary, not objective, and highly misleading. I suggest it be eliminated. — Preceding unsigned comment added by 114.249.195.62 (talk) 09:03, 4 November 2013 (UTC)

Veto information not correct (?)[edit]

Hello,

don't know if I'm right but I think to change the agreement not 85% but only 80% are necessary.

Source: http://web.worldbank.org/WBSITE/EXTERNAL/EXTABOUTUS/0,,contentMDK:20049697~menuPK:63000601~pagePK:34542~piPK:36600~theSitePK:29708~isCURL:Y,00.html


Also, the voting powers are no longer correct, the USA for example is below 15% http://web.worldbank.org/WBSITE/EXTERNAL/EXTABOUTUS/ORGANIZATION/BODEXT/0,,contentMDK:21429866~pagePK:64020054~piPK:64020408~theSitePK:278036,00.html


Bawarabawara (talk) 12:33, 5 June 2013 (UTC)

Noted Move of Syria to Russian Board member[edit]

Made small fixes to note November 2014 move of Syria to Russian World Bank board member. Also updated name of Russian board member. See these World Bank pages: http://www.worldbank.org/en/about/leadership/directors/eds23#3 http://www.worldbank.org/en/about/leadership/directors/eds11#3 — Preceding unsigned comment added by Zeke1999 (talkcontribs) 01:08, 21 November 2015 (UTC)

  1. ^ Andrew Balls and Edward Allen, "Wolfowitz Triggers Graft Storm at World Bank", The Financial Times, January 23, 2006, accessed May 30, 2007.