World Bank found in a cover up

United States
February 9, 2009 3:09pm CST
Managers at the World Bank provided false information to the agency's board of directors about a $39 million, politically-connected European "coastal cleanup" project that led to the destruction and destitution of a powerless village in Albania in 2007 — and then spent nearly two years trying to cover it up. Bank insiders also misled and stonewalled a panel of independent investigators commissioned by the board to investigate the scandal. the bank has suppressed information on many other critical matters — from serious computer security breaches inside the institution to its troubling relations with Satyam Computer Services Ltd., the Indian outsourcing giant that collapsed last month in a billion-dollar accounting fraud. Needless to say the UN was extremely mad and did what the UN usually does....they sent a nasty letter to them and nothing more. What do you think should be done about the corruption and cover ups going on in the world bank?
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1 response
• Janesville, Wisconsin
10 Feb 09
Everyone who is involved in that bank that does not approve of the actions, Easy Withdrawl all their money, and start a new account in a different bank... Make sure that corrupt institutions lose business, and put the money into trusted and non corrupt institutions, the power of the boycott, and changing services. The mightly dollar can be used to vote and support what you are for and against, its always good to look at company policies and history, to see what you are supporting. - DNatureofDTrain