US eyes Afghan to replace bank boss
Gabriel Rozenberg, London
April 21, 2007
THE future of World Bank president Paul Wolfowitz was in further jeopardy yesterday after it emerged the White House was drawing up a list of candidates to succeed him.
The most prominent potential replacement is Ashraf Ghani, credited with overhauling the economy of Afghanistan after the September 11, 2001, attacks on the US.
Such an appointment would mark the first time a non-American has held the position in the 60-year history of the global bank.
Senior officials in the US administration have noted that the White House is softening its support for Mr Wolfowitz, President George W.Bush's former deputy defence secretary.
They pointed yesterday to the silence of the Treasury Department and Henry Paulson, the Treasury secretary, as a sign of the administration's attempt to distance itself from the man it parachuted into the job in 2005.
Mr Wolfowitz appeared yesterday before a meeting of the World Bank's 24-nation board, which is investigating whether he broke rules in arranging a high-paying job for his lover, Shaha Riza, in 2005.
The meeting of the executive board is continuing, but the pressure on Mr Wolfowitz is being felt in the bank.
"People feel paralysed," one official told The New York Times. "No one is doing any work at all. This genie can never go back to the bottle."
http://www.theaustralian.news.com.au/story/0,20867,21594109-2703,00.html