GO
Loading...

Wolfowitz to Make Case on Bank Flap

World Bank President Paul Wolfowitz will be fighting to keep his job when he addresses questions about his handling of a promotion and pay package for his girlfriend.

There have been calls for his resignation by the bank staff, the European Parliament and others.

He's to appear before a panel Monday. Wolfowitz attorney Bob Bennett says he's disappointed that the board didn't give Wolfowitz more time as requested.

At issue is whether Wolfowitz violated bank rules in his handling of the 2005 promotion of bank employee Shaha Riza to a high-paying State Department job.

Wolfowitz has said he erred and has apologized. He has said he doesn't intend to resign.

Contact U.S. News

  • CNBC NEWSLETTERS

    Get the best of CNBC in your inbox

    › Learn More

Don't Miss

U.S. Video