Suzanne Folsom head of the world bank's corruption reportedly resigned to join the private sector on Jan 2008. The reason this decision is called into question is because the Wall Street journal had reports of Folsom being forced out. Folsom had strong ties to the World Bank's previous president Wolfowitz and was part of his anti-corruption campaign inside the world bank. Folsom's main problem came from Zoellick the new head of the World Bank who intially had strong support for Folsom. The problem the two had reportedly came from an internal interity project Folsom was working on which exposed poor use of bank funds in India as well as a large level in corruption, including the signing off of poorly constructed hospitals and other public projects. The controversy came amist an investion by Paul Volker over the necesity of Folsom's department.
1. is the integrity of the World Bank at risk?
2. Is the World Bank trying to hide corruption?
3. Is the World Bank's restrictions driving third world nations to corruption?
Source:http://english.aljazeera.net/news/americas/2008/01/2008525123833306876.html
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