IMF's Georgieva accuses former World Bank president Kim's office of manipulation

© Reuters.

WASHINGTON (Reuters) – IMF chief Kristalina Georgieva on Friday blasted an independent report on her alleged role in a China-related data-rigging scandal while at the World Bank, saying it contained “fundamental errors” and substituted innuendo for facts.

She also accused the office of the bank’s past president, Jim Kong Kim, of manipulation, saying his office had proposed including Hong Kong data in China’s ranking in the World Bank’s Doing Business 2018 report to boost China’s standing. 7

Georgieva, facing calls for her resignation, criticized the report, prepared by law firm WilmerHale, in a detailed statement to the executive board of the International Monetary Fund, which is reviewing the matter.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

See also  How is Barcelona coping with the loss of World Mobile Congress?



Please enter your comment!
Please enter your name here