The top Democrat and Republican on the US Senate Foreign Relations Committee have urged President Joe Biden to "ensure full accountability" over a World Bank data-rigging controversy that has embroiled IMF chief Kristalina Georgieva.
The panel's chairman, Senator Robert Menendez, a Democrat, and Republican Senator James Risch, said in a letter released that Biden should direct the US Treasury Department to "do their due diligence with all due haste and, as necessary, ensure full accountability."
Georgieva, who has been the IMF's managing director since April 2019, is pushing back against allegations in a World Bank outside investigation report that when she was the bank's CEO in 2017, she applied "undue pressure" on staff to make data changes that boosted China's rankings in the World Bank's flagship "Doing Business" report on country investment climates. Last week, Georgieva called the allegations against her "false and spurious" and accused the office of the World Bank's past president, Jim Yong Kim, of manipulating the data. - Reuters
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