World Bank Panel Finds Wolfowitz at Fault; Aide Resigns

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WASHINGTON, May 7 — A committee of World Bank directors has formally notified Paul D. Wolfowitz that they found him to be guilty of a conflict of interest in arranging for a pay raise and promotion for Shaha Ali Riza, his companion, in 2005. The findings stepped up the pressure on Mr. Wolfowitz to resign.

The contents of the panel’s findings were not made public. People who are familiar with the panel’s report said that it reviewed extensive documents and testimony before concluding that Mr. Wolfowitz breached his obligations in arranging for Ms. Riza’s reassignment from the bank to the State Department.

The report, as transmitted to Mr. Wolfowitz, did not recommend a punishment for Mr. Wolfowitz. Bank officials, speaking anonymously because the proceedings are supposed to be confidential, said that the special committee was still working today on what to recommend.

It was not clear whether the committee, consisting of 7 of the bank’s 24 board members, would remove Mr. Wolfowitz from his post or, more likely, express a loss of confidence in his leadership in a manner that might persuade him to resign. Bank officials say that a majority of the bank board has concluded that he should go.

http://www.nytimes.com/2007/05/07/business...amp;oref=slogin

Edited May 8, 2007 by Steven_and_Jinky

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Dude, resign already. You're finished.

Paul, Paul Paul... so much trouble for this ??? -->

You must really love her.

[one...two...tree 2,762]

Dude, resign already. You're finished.

Paul, Paul Paul... so much trouble for this ??? -->

You must really love her.

You don't know what hidden treasures lie beneath those garments.

[w¡n9Nµ7 §£@¥€r 123]

Dude, resign already. You're finished.

Paul, Paul Paul... so much trouble for this ??? -->

You must really love her.

You don't know what hidden treasures lie beneath those garments.