Sunday, January 18, 2009

Corruption in India like Africa: WB official

Corruption in India like Africa: WB official: "In the case of the $800 million loan to health sector projects in India, a team of investigators found dummy companies that were paid by the Bank for products and services that were never delivered and a plethora of bribes and kickbacks that went into the pockets of senior government officials. This was the basis of Wolfowitz's suspension of the loan to India."

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