How worthy is the World Bank’s war on corruption?

FOR three days now, the World Bank has been locked in argument with just about everyone at its meeting with the International Monetary Fund (IMF), various governments and some NGOs in Singapore. 

In previous years it was the IMF that caused controversy by imposing questionable aid conditions on poor countries, often to their great cost, a scourge that further afflicted already stricken middle-income nations in East Asia during the 1997-98 Asian economic crisis.