WASHINGTON (Reuters) - A World Bank panel has found that bank President Paul Wolfowitz's handling of a promotion and pay increase for his companion represented a conflict of interest and broke rules, but made no recommendation on how he should be reprimanded, board sources said on Monday.
The former U.S. deputy defense secretary, a key architect of the Iraq war, has been given several days to respond to the findings of the panel involving a lucrative deal for his companion, Shaha Riza, a World Bank Middle East expert.