Mar 28, 2006
The Government Accountability Project (GAP) has hailed a 10-page investigative report focusing on corruption at the World Bank. The article focuses on extensive internal problems at the bank including how “kickbacks, payoffs, bribery, embezzlement, and collusive bidding plague bank-funded projects around the world.” The report estimates that more than 20 percent of the loans distributed by the World Bank, or $4 billion annually, are associated with corrupt practices.
































