WASHINGTON, D.C.: An internal investigation over the World Bank’s controversial handling of a $1 billion loan from China to help poor countries has found no evidence of fraud, according to documents reviewed on Thursday (Friday in Manila) by Agence France-Presse.
A law firm hired by the global development lender said there was nothing untoward in the unusual structure to accommodate the loan created by two of the Bank’s arms, the International Development Association (IDA) and the International Finance Corporation (IFC).
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
Premium + Digital Edition
Ad-free access
P 80 per month
(billed annually at P 960)
- Unlimited ad-free access to website articles
- Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)
TRY FREE FOR 14 DAYS
See details
See details
If you have an active account, log in
here
.