loosecannon
05-07-2007, 09:54 PM
Deal Is Offered for Chief’s Exit at World Bank
Leading governments of Europe, mounting a new campaign to push Paul D. Wolfowitz from his job as World Bank president, signaled Monday that they were willing to let the United States choose the bank’s next chief, but only if Mr. Wolfowitz stepped down soon, European officials said.
European officials had previously indicated that they wanted to end the tradition of the United States picking the World Bank leader. But now the officials are hoping to enlist American help in persuading Mr. Wolfowitz to resign voluntarily, rather than be rebuked or ousted.
The goal, they said, is to avert a public rupture of the bank board over a vote, possibly later this week, to sanction Mr. Wolfowitz. Even if the vote is a reprimand, they said, it could effectively make it impossible for him to stay on.
The Europeans worked to arrange a quick exit for Mr. Wolfowitz as a special bank committee concluded that he was guilty of breaking rules barring conflicts of interest in arranging for a pay raise and promotion for Shaha Ali Riza, his companion and a bank employee, in 2005.
The decision was sent to Mr. Wolfowitz on Sunday night after a month of turmoil over the situation. The panel’s findings were not made public, but people familiar with the report said that it reviewed documents and testimony before concluding that Mr. Wolfowitz had breached his obligations in arranging for Ms. Riza’s reassignment from the bank to the State Department.
Hit the road Jack
So "who's next"?
Leading governments of Europe, mounting a new campaign to push Paul D. Wolfowitz from his job as World Bank president, signaled Monday that they were willing to let the United States choose the bank’s next chief, but only if Mr. Wolfowitz stepped down soon, European officials said.
European officials had previously indicated that they wanted to end the tradition of the United States picking the World Bank leader. But now the officials are hoping to enlist American help in persuading Mr. Wolfowitz to resign voluntarily, rather than be rebuked or ousted.
The goal, they said, is to avert a public rupture of the bank board over a vote, possibly later this week, to sanction Mr. Wolfowitz. Even if the vote is a reprimand, they said, it could effectively make it impossible for him to stay on.
The Europeans worked to arrange a quick exit for Mr. Wolfowitz as a special bank committee concluded that he was guilty of breaking rules barring conflicts of interest in arranging for a pay raise and promotion for Shaha Ali Riza, his companion and a bank employee, in 2005.
The decision was sent to Mr. Wolfowitz on Sunday night after a month of turmoil over the situation. The panel’s findings were not made public, but people familiar with the report said that it reviewed documents and testimony before concluding that Mr. Wolfowitz had breached his obligations in arranging for Ms. Riza’s reassignment from the bank to the State Department.
Hit the road Jack
So "who's next"?