New challenge from inside the bank .... Members of the drafting and implementation team for the World Bank Group’s Governance and Anti-corruption strategy, which was adapted few weeks ago by the World Bank, have just issued the following open letter to Wolfowitz and the board of directors. The message was also posted in the internal bulletin board of the bank.

Some key quotes: "we are deeply concerned by the impact of the current leadership crisis on the Bank’s credibility and authority to engage with governments, non-government stakeholders, and donor partners".

"The credibility of our front line staff is eroding in the face of legitimate questions from our clients about the Bank’s ability to “practice what it preaches” on governance".

"The present crisis is a critical test of the Bank’s own commitment to the principles of sound corporate governance. Our own governance standards must be upheld and enforced impartially and without exception by both the Bank’s Senior Management and the Board of Executive Directors, even when they touch the highest levels of this institution".

A Washington source ~ April 26, 2007

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The Washington Post

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Hot blogging on the World Bank president.
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UK involvement in the Foundation for the Future.

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