Saturday, August 1, 1998
Volume:
14
Issue:
8
329-330
Abstract:
On July 16, 1998, a media report quoted World Bank President James D. Wolfensohn acknowledging the establishment of a special internal fraud team, the hiring of the accounting firm Price Waterhouse Coopers and two other outside specialists, and the initiation of a lawsuit in the U.S. District Court for the District of Columbia against a former bank official to recover alleged kickbacks... [more]