IMF chief Georgieva’s lawyer claims data probe violated World Bank staff rules

- Advertisement -


WASHINGTON, Oct 7 (Businesshala) – Lawyers investigating World Bank data-rigging allegations against IMF Managing Director Kristalina Georgieva have violated World Bank staff rules by not notifying them that she is the subject of an investigation. And they are not allowed to answer it. Conclusion, Georgieva’s lawyer said.

- Advertisement -

one in Letter In a release Thursday to the International Monetary Fund’s executive board, Covington & Burling attorney Lanny Breuer asked the directors to consider “fundamental procedural and substantive errors”. investigation report Wilmerhall, a law firm appointed by the board of the World Bank, to investigate data irregularities in the lender’s flagship “Doing Business” ranking of the country’s business climate.

- Advertisement -

The WilmerHall Report alleged that when Georgieva was CEO of the World Bank in 2017, she applied “undue pressure” on World Bank employees to make data changes, boosting China’s ranking at a time when the bank was a major capital asset. was seeking Beijing’s support for the escalation. Georgieva has denied the allegations.

New claims from Breuer, a former US Justice Department official and special counsel to former President Bill Clinton, come during the 1999 impeachment trial, as Georgieva tries to persuade the IMF board to support her.

- Advertisement -

The board interviewed both Georgieva and WilmerHale this week and will discuss the matter again on Friday.

Georgieva on Wednesday told allegations that she pressured employees to make inappropriate data changes “outrageous and untrue” and said that some of her statements were taken out of context by WilmerHale. He publicly released His lengthy statement to the board on Thursday.

“Ms. Georgieva has never been informed that she is the subject of an investigation, or has been given an opportunity, as guaranteed by Staff Rule 3.00, to review and respond to the findings of the report,” said Breuer. , his lawyer wrote.

NS Rule The World Bank incorporates the Office of Ethics and Business Conduct Practices.

Wilmerhall’s report stated that the initial part of its investigation focused on board officers pursuant to the Code of Conduct for Board Officers, a set of rules distinct from the staff rule referred to by Breuer, adding that the investigation “applied staff rules”. and was conducted in accordance with the instructions”.

A spokesman for the firm did not immediately respond to a query from Businesshala.

The Office of the World Bank’s General Council said in an emailed statement: “The Doing Business 2018 and 2020 reports were examined in full compliance with World Bank regulations.”

Reporting by David Lauder; Editing by Dan Grebler

.

- Advertisement -

Stay on top - Get the daily news in your inbox

DMCA / Correction Notice

Recent Articles

Related Stories

Stay on top - Get the daily news in your inbox