Financial Times FT.com

New row over delay of Congo funds report

By Dino Mahtani in Lagos, Eoin Callan in Washington and William Wallis in London

Published: May 8 2007 22:06 | Last updated: May 8 2007 22:06

The World Bank has withheld the findings of an inquiry into alleged mismanagement of bank funds in the Democratic Republic of Congo, raising fresh questions about the anti-corruption strategy of Paul Wolfowitz, the bank’s president.

An audit by the integrity department, which answers directly to Mr Wolfowitz, was launched more than a year ago in the wake of allegations of corruption in Congolese government agencies handling hundreds of millions of dollars in postwar reconstruction aid. The inquiry raised hopes in Kinshasa that officials alleged to have misused donor funds would be exposed.

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Read this