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WASHINGTON (AP) - Fighting to keep his job, World Bank President Paul Wolfowitz issued a rebuttal Thursday that blamed unclear bank rules for creating questions about his handling of hefty pay raises for his girlfriend.
The rebuttal comes as a special bank panel is putting together a report on whether Wolfowitz acted properly in the arranging the 2005 promotion and compensation package for bank employee Shaha Riza. The panel's findings and recommendation will go to the bank's 24-member board, which ultimately will decide Wolfowitz' fate.
The bank's former top ethics official, Ad Melkert, told the panel this week that the bank's ethics committee was not consulted and did not approve of Riza's compensation package. The bank's former general counsel, Roberto Danino, said he believed Wolfowitz acted "incorrectly."
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