World Bank anti-corruption chief resigns (Wolfowitz appointment)

Source: Reuters

WASHINGTON (Reuters) - The head of the World Bank's anti-corruption unit, Suzanne Rich Folsom, resigned on Wednesday to rejoin the private sector, a Bank spokesman said.

Folsom, a U.S. ethics lawyer, had been dogged by controversy since her appointment in 2005 by former Bank President Paul Wolfowitz, who resigned in June amid an ethics scandal involving his companion.

World Bank spokesman Marwan Muasher emphasized that Folsom had not been forced from her position.

Questions within the World Bank arose over whether Folsom's appointment was tied to her political connections with the Republican Party and escalated as her department became more aggressive in response to a controversial anti-corruption campaign by Wolfowitz, a former U.S. deputy defense secretary and an architect of the Iraq war.

"I want to make it clear that she was not fired, she was not forced out. She has a very good offer from the private sector and she chose to take it," Muasher told Reuters.



Read more: http://in.reuters.com/article/businessNews/idINIndia-31434120080117

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