WASHINGTON, Oct 11 — Data-rigging allegations against International Monetary Fund Managing Director Kristalina Georgieva were set to loom over the opening of week-long IMF-World Bank annual meetings today as the Fund’s executive board failed to conclude its review after yet another marathon meeting.
The 24-member IMF board plans to meet again on today to decide Georgieva’s future at the helm of the global crisis lender, people familiar with the plans said. The scandal threatens to overshadow the high-profile meetings, where Georgieva will take a lead role in discussions on global recovery from the Covid-19 pandemic, debt relief and efforts to speed vaccinations, along with World Bank President David Malpass.The IMF’s executive board debated the matter for five hours on Friday before adjourning and scheduling separate meetings yesterday with Georgieva and attorneys from the WilmerHale law firm. Those meetings stretched late into Sunday night.
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