Georgieva defended by Ex-World Bank official

A former World Bank official who prepared reports at the center of a data-rigging scandal defended IMF chief Kristalina Georgieva. Because, the Economist magazine called for her to resign over her alleged role in the controversy. Shanta Devarajan had helped to oversee the World Bank‘s “Doing Business” report in 2017. He said that an outside investigation report alleged […]

IMF board gets initial briefing on Georgieva role in China

The International Monetary Fund said that its executive board met and discussed a report prepared for the World Bank. It also alleged that IMF chief Kristalina Georgieva, while she was the CEO pressured staff to alter data to favor China. To discuss further the board will meet again. A spokesperson said that the Board discussed the Ethics […]

Pro-China pressure denied by IMF Chief Georgieva

In the IMF’s executive board’s formal review, the International Monetary Fund chief Kristalina Georgieva denied allegations that she pressured World Bank staff to alter data to favor China, while she was the CEO of the World Bank CEO. Georgieva addressed strong staffs, about the findings contained in an independent report. It had data irregularities in the World Bank‘s now-canceled “Doing […]