Friday, May 18, 2007

UPDATE 1-Wolfowitz row seen hurting Africa anti-graft drive

(Reuters) - DAKAR, May 18 - The World Bank has roared against
corruption in Africa for years but its credibility has been
badly mauled by the favouritism scandal that sent the bank's
U.S. chief Paul Wolfowitz limping off into retirement.




Governments in Africa, whose reputation for corruption goes
hand in hand with its status as the world's poorest continent,
had grown used to being lectured by World Bank delegations, some
headed by "Wolfie" himself, about good governance and
transparency.


Read more at Reuters.com Bonds News

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