Join the Socialist Party Join us today!

Printable version Printable version

Facebook   Twitter

Link to this page: https://www.socialistparty.org.uk/issue/483/2320

From The Socialist newspaper, 19 April 2007

Bush's man at the World Bank in corruption scandal

WORLD BANK president Paul Wolfowitz is under fire, mired in a corruption scandal. He is under pressure from a number of countries to resign but he continues to enjoy the support of his patron, George Bush.

The former US deputy defence secretary and architect of regime change in Iraq stands accused of promoting and financially rewarding Shaha Riza, a 'close female friend' employed at the bank.

Ms Riza was seconded to the US state department shortly after Wolfowitz was appointed president of the World Bank in March 2005. She has since received some hefty pay cheques. These include an estimated $193,000 annual salary in 'compensation' for her move - some $60,000 more than she was earning when employed at the bank and $10,000 more than US secretary of state Condoleezza Rice receives!

Unfortunately for Wolfowitz this hasn't gone down well with World Bank staff, who heckled the neo-conservative hawk when he attempted to apologise for his actions.

But while 'helping out' those close to him, Wolfowitz has been demanding that low income countries accept a neo-liberal agenda before receiving any loans. While countries that wouldn't sign up to the US-led 'war on terror' suddenly found that loans had dried up.

And, with rank hypocrisy, he has insisted that any loans are dependent upon tackling corruption and showing 'good governance'.

Why not click here to join the Socialist Party, or click here to donate to the Socialist Party.


In The Socialist 19 April 2007:

Kick big business out of the NHS

Nurses' fury at cuts and attacks on jobs

NHS London - delivering private health


Socialist Students

Build for national action against fees


Socialist Party election campaign

Election manifesto 2007

Leicester: A principled stand against opportunists

Young socialist standing for Save Huddersfield NHS

Wales manifesto launch

Save our NHS campaign fields five candidates in South Lakes

Nursery cuts campaign launch

Making a difference in Lincoln

Vote Socialist Alternative on 3 May


Socialist Party editorial

RMT victory: Union militancy pays


Campaign for a New Workers Party

Wanted - a new mass party for workers

Campaign for a New Workers' Party Conference


Socialist Party workplace news

Tube workers win big victory over Metronet

Campaigning for a £26,000 minimum wage

Young trade unionists reject New Labour

Greenwich UNISON steps up fight against pay cuts


International socialist news and analysis

Venezuela: Will the trade unions give up their independence?

Bush's man at the World Bank in corruption scandal


Socialist Party news and analysis

Bosses' Pension

Blockading Britain's warhead factory

Fighting for the right to walk in the countryside

Cuts reduce advice for the people who most need help

Bank that only serves the rich


 

Home   |   The Socialist 19 April 2007   |   Join the Socialist Party

Subscribe   |   Donate  




Related links:

World Bank:

triangleZimbabwe: Mugabe gone - but his regime remains in power

triangleCourageous Ebola nurse Salomé Karwah dies

triangleThem & Us

US:

triangleThe Socialist inbox

triangleYour newspaper fights with you: help fund it with May Day greetings

triangleVietnam War: 50 years since the Tet Offensive

triangleVictory! Trump's UK visit cancelled by fear of protests

Iraq:

triangleOpinion: British imperialism can take no credit in fight against Isis

triangleMovement challenges Iranian regime

War:

triangleCorbyn's left must seize the advantage in Labour's civil war

Reports and campaigns

Reports and campaigns

20/2/18

Manchester

After 80 strike days Mears workers achieve victory

19/2/18

Walthamstow

Building the campaign against clearances of the working class

16/2/18

Haringey

No fudge with the right wing

15/2/18

TUSC

TUSC statement on sentencing of Derby TUSC agent

14/2/18

Haringey

Haringey protests HDV - but Labour fails to kill it off completely

14/2/18

UCU

Uni strike: coordinate public sector fightback

14/2/18

Cardiff

Enjoyable and successful Cardiff Refugee Rights gig

14/2/18

Carlisle

Carlisle debate - socialism or social democracy?

14/2/18

Firefighters

Staines fire services saved

14/2/18

Surrey

Threat of action defeats pay cut at Surrey council

14/2/18

Woolwich

Woolwich Crossrail walkouts to demand promised bonuses

14/2/18

London

Sadiq Khan's bus drivers' London licence doesn't go far enough

14/2/18

Mansfield

Stop press: victory - campaign saves NHS rehab ward

8/2/18

Newham

Teachers strike again as anti-academy pressure mounts

7/2/18

Unison

Unison national women's conference

triangleMore Reports and campaigns articles...


Join the Socialist Party
Subscribe to Socialist Party publications
Donate to the Socialist Party
Socialist Party Facebook page
Socialist Party on Twitter
Visit us on Youtube

LATEST POSTS

CONTACT US

Phone our national office on 020 8988 8777

Email: info@socialistparty.org.uk

Locate your nearest Socialist Party branch Text your name and postcode to 07761 818 206

Regional Socialist Party organisers:

Eastern: 0798 202 1969

East Mids: 0773 797 8057

London: 020 8988 8786

North East: 0191 421 6230

North West 07769 611 320

South East: 020 8988 8777

South West: 07759 796 478

Southern: 07833 681910

Wales: 07935 391 947

West Mids: 02476 555 620

Yorkshire: 0114 264 6551

ABOUT US

ARCHIVE

Alphabetical listing


February 2018

January 2018

2017

2016

2015

2014

2013

2012

2011

2010

2009

2008

2007

2006

2005

2004

2003

2002

2001

2000

1999