On Friday, IMF chief executive Kristalina Georgieva criticized an independent report about her alleged role in the China-related data fraud scandal while working at the World Bank, saying it contained “clerical errors” and resorted to exposure rather than facts.
He also accused former bank boss Jim Kong Kim’s office of manipulating, saying that His office suggested including Hong Kong data in a classification China from the Bank’s Doing Business 2018 report to raise China’s ranking.
Georgieva, who is addressing resignation requests, criticized the report from legal services firm Wilmer Hill, in a detailed statement to the Executive Board of the International Monetary Fund, which is looking into the matter.
Georgieva had opposed the conclusion of an independent investigation that during her previous job at the World Bank she had pressured employees to change a report in an attempt to avoid angering China, according to “AFP”.
Based on the findings, the World Bank announced that it will immediately suspend the Doing Business report after the investigation uncovered irregularities in the 2018 and 2020 reports.
Georgieva, a Bulgarian who took over the presidency of the International Monetary Fund in October 2019, rejected the findings of this report.
Georgieva announced that he had informed the International Monetary Fund Council of the situation.
“Neither in this case, neither before nor after, I have not put pressure on team to manipulate the data, “he told IMF officials.
Read More About: Business News