Financial Times FT.com

Two memos lie at the heart of the charges

By Krishna Guha in Washington

Published: April 13 2007 23:22 | Last updated: April 13 2007 23:22

Two memorandums lie at the heart of the charge that Paul Wolfowitz, the World Bank president, was guilty of a serious failure of corporate governance when he secured an attractive secondment package for a bank official with whom he was romantically involved.

The memorandums, dated July 27 2005 and August 11 2005, were among about a hundred pages of documents relating to the Shaha Riza affair released at the instruction of the bank’s board on Friday.

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