The Socialist

The Socialist 19 April 2007

Kick big business out of the NHS

Kick big business out of the NHS

Nurses' fury at cuts and attacks on jobs

NHS London - delivering private health


Build for national action against fees


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


RMT victory: Union militancy pays


Wanted - a new mass party for workers

Campaign for a New Workers' Party Conference


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


Venezuela: Will the trade unions give up their independence?

Bush's man at the World Bank in corruption scandal


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

 
 

PO Box 1398, Enfield EN1 9GT

020 8988 8777

[email protected]

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

Seach this siteSearch the site

Printable versionPrintable version

Facebook

Twitter

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

Subscribe   |   Donate  

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'.


In this issue

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