Monday, May 07, 2007
Looking Bad For Wolfowitz
The World Bank committee investigating misconduct charges against Paul D. Wolfowitz, the bank president, failed to complete its review on schedule this weekend, but bank officials said the panel would eventually find that he violated bank rules barring conflicts of interest.
The committee, made up of 7 of the 24 members of the bank’s board, indicated last week that it would reach a conclusion about Mr. Wolfowitz on Saturday and transmit its findings to him to allow him to prepare for a rebuttal this week.
But no results were transmitted by early Sunday evening, though some officials said it was theoretically possible for the panel to finish later Sunday night.
Bank officials said the committee was also preparing a recommendation on what the full board should do in light of its finding but would not be disclosing that to Mr. Wolfowitz.
The committee is considering whether to recommend an outright removal or some kind of no-confidence vote that may persuade him to resign. That part of the conclusion is not likely to become known until later, bank officials said.