World Bank leaders, including then-Chief Executive Kristalina Georgieva who is now the managing director of the International Monetary Fund (IMF), applied “undue pressure” on staff to boost China’s standing in the bank’s “Doing Business 2018,” according to an investigation related on Sept. 16.
The report (pdf), prepared by outside law firm WilmerHale at the request of the World Bank’s ethics committee, implicates Georgieva and then-World Bank President Jim Yong Kim, and casts a spotlight on China’s influence at the institution.
