Tuesday, July 17, 2007

WORLD BANK: PAUL WOLFOWITZ AFFAIR

Published in B&E-17 MAy 2007

... and so is this frivolous ‘old man’!

Wolfowitz must leave the Bank and set high professional standards

In love or in war, quite a few famous figures have created dubious distinctions throughout the course of history. But Paul Wolfowitz, the current President of the World Bank is a man who is succeeding on both fronts. If the Iraq war fiasco and his stint at Pentagon were not enough to satiate Paul’s desire for bad press, he has now landed himself in yet another controversy revolving around his girlfriend Shaha Riza (employee of the World Bank) and the undue favours he showered on her in his official capacity at the Bank. And it’s precisely for this reason that the World Bank staff is now vehemently demanding his removal. Wolfowitz will now appear before World Bank’s 24-nation Board. He argues that World Bank ethics officials were well aware of his seeking promotion for Riza.Meanwhile, Wolfowitz’s supporters are busy blaming the staff for launching a vitriolic attack against their President; only to protect their vested interests. It is argued that Wolfowitz, in his current role, has taken steps to shake the bloated Bank bureaucracy, out of slumber. His anti-corruption drive and internal cleansing policies have antagonised the employees, who are insecure about protecting their already overpaid jobs. It is worth considering, however, that Wolfowitz’s nomination to the Bank was panned as myopic & flawed in the first place, forced upon the world by the insensitive Bush Administration. There was nothing in his résumé to suggest that the chief designer of death of millions of Iraqis would do anything substantial to alleviate global poverty. The game was merely to fill the global institution with Bush loyalists, who would then promote the neo-con agenda across the globe. Lambasted on every front, Paul must now resign from his post and do the whole world a genuine favour for a change.

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