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The world bank president paul wolfowitz spend his two years in the job trying to build His credentials, as the bank to the developing world, but one of his first decisions back in 2005 put his job on the line .On Friday ,the world bank released documents showing the wolfwitz signed off on the promotion the np rise of his girl friend he wolfwitz apologize for his involvement
in hindsight, I wish I had trusted my originally instincts and kept myself out of the negotiation ,I made a mistake for which I am sorry but also let me also ask for some understanding ,not only was this painful personal dilemma, but I had to deal with it When I was new to this institution and I was trying to navigate in uncharted waters
The board said proper procedures were not followed noting quotes, the ethics committee had not been involved in the discussions with the concerned staff member ,and that neither were the terms ans conditions of the agreement commented on the reviewed or approved by the ethics committee wolfwitz was one of principal architects of the iraq war but he has also spearheaded in anti corruption drives throughout the world bank
He wanted the countries where there was enormous corruption to clean up their act before you give them money , No that’s not a bad idea because the money gets into these countries and then goes into corrupt pockets so he had the right idea, but when you take that kind of a holy and moral attitude ,you’d better not have your own hands in somebody’s cookie jar
The bank’s employee association called for his firing ,wolfwitz said he wanted to focus on what the bank does In the largest scheme of things we have much more important things to focus on ,for people who disagree with the things that they associate with me in my previous job ,I’m not in my previous job, I am not working for us government I am working for the this institution and its 185 shareholders ,I believe deeply in the mission of this institution,and I have a passion for it
the world bank will have to rebuild the its reputation now punished by the wolfwitz controversy.