Published on Pambazuka News (https://www.pambazuka.org)

Home > Africa: Cleaning up the World Bank

Contributor [1]
Monday, April 10, 2006 - 03:00
Categories: 
Corruption [2]
Issue Number: 
250 [3]
Article-Summary: 

Back in the early 1980s, Leslie Jean-Robert Pean was in a heap of trouble. Flat broke, in bankruptcy court, he had $10 in a savings account and a whole lot more debts than assets. But in 1989, Pean, an economist, landed a job at the headquarters of the World Bank, in Washington, D.C. By the early 1990s, Pean and his family had bought a big house on 3 acres of manicured grounds outside Washington. "Our dream," the World Bank's mission statement says, "is a world free of poverty”. The only trou...read more [4]

Back in the early 1980s, Leslie Jean-Robert Pean was in a heap of trouble. Flat broke, in bankruptcy court, he had $10 in a savings account and a whole lot more debts than assets. But in 1989, Pean, an economist, landed a job at the headquarters of the World Bank, in Washington, D.C. By the early 1990s, Pean and his family had bought a big house on 3 acres of manicured grounds outside Washington. "Our dream," the World Bank's mission statement says, "is a world free of poverty”. The only trouble, bank investigators say, is that he wasn't focusing so much on helping the poor as he was on helping himself

Category: 
Governance [5]
Oldurl: 
http://www.pambazuka.org/en/category.php/corruption/33327 [6]

Source URL: https://www.pambazuka.org/node/33035

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[3] https://www.pambazuka.org/article-issue/250
[4] https://www.pambazuka.org/print/33035
[5] https://www.pambazuka.org/taxonomy/term/3274
[6] http://www.pambazuka.org/en/category.php/corruption/33327