From World Bank President Paul Wolfowitz’s message to Bank clients and staff in its annual “Integrity Report“:
We must also ensure that Bank staff continue to maintain high standards of conduct. . .recent corporate scandals around the world have shown that the actions of even a very small number of individuals can tarnish the reputation of an entire organization.
And from the Executive Summary:
. . .the Bank has a fiduciary responsibility to investigate allegations of staff using Bank resources improperly or using their positions for personal financial gain.
Encourage the highest standards of personal honesty, integrity and ethical behavior within the Bank. . .
It would be useful for the investigating Subcommittee of the World Bank board to revisit these “integrity” documents.
— Steve Clemons