Wolfowitz clings to job as board set to probe pay hikes

EMBATTLED World Bank president Paul Wolfowitz clung to his job yesterday after a stormy week of revelations on a pay scandal involving his girlfriend that is to be examined soon by the organisation’s board of directors.

The board, set to meet this week to consider the implications of the hefty pay hikes given to Wolfowitz’s partner from World Bank coffers, is facing increasing pressure on the scandal.

The New York Times yesterday called for the ousting of Wolfowitz, arguing he had “fallen far short of his own standards” of good governance.