The Fangs of Wolfowitz

FORMERLY the word corruption was not in the vocabulary of the World Bank. The staff of the financial institution preferred to use the term disguised taxes or at the most interest seekers levies. Only in 1996 did James Wolfenson break the years-long taboo with a speech regarding corruption cancer.

Wolfenson, who later became World Bank President, initiated the creation of the Department of Institutional Integrity, a sort of an internal watchdog tha

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