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Eugene Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-09-07 03:11 AM
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World Bank chief: stealing aid money is unacceptable
Source: Reuters

World Bank chief: stealing aid money is unacceptable
09 Aug 2007 07:52:53 GMT
Source: Reuters

TOKYO, Aug 9 (Reuters) - World Bank President Robert
Zoellick on Thursday spoke out against corruption in poor
countries that receive the bank's loans, echoing the anti-
graft stance of his controversial predecessor, Paul
Wolfowitz.

"If people are trying to steal the World Bank's money, we
can't accept that," Zoellick told reporters.

"We are responsible to our contributors and the contributors
have their taxpayers. Nobody wants their money stolen," he
said at a news conference wrapping up his visit to Japan,
the bank's second-largest shareholder.

-snip-

Wolfowitz, who resigned earlier this year over a scandal
involving the promotion of his companion, alarmed some
African nations and even those within the bank with his
strict anti-corruption drive, which critics feared would slow
the flow of aid to the poor.

Zoellick himself has said little about whether he will stick
with that strategy or change the way the bank approaches
corruption in borrowing countries.

-snip-

Read more: http://www.alertnet.org/thenews/newsdesk/T25021.htm

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unhappycamper Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Aug-09-07 06:06 AM
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1. 'World Bank chief: stealing aid money is unacceptable' =
unless we do it. All your things are belong to us.
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