Tag: Georgieva, Kristalina Ivanova

I.M.F. Chief Kristalina Georgieva Denies Claims She Inflated China Data

Chin@Strategy

WASHINGTON — In remarks to staff on Friday, Kristalina Georgieva, the managing director of the International Monetary Fund, denied allegations that she pressured staff to manipulate a report to placate China when she was a top World Bank official and said she cares deeply about the integrity of data and analysis, according to people familiar with the meeting. “I disagree with the implications for my role, and let me put it very simply to you: Not true,” she said, according to a transcript of her remarks. A day earlier, an…

Inquiry finds World Bank officials, including now-I.M.F. chief, pushed staff to inflate China data.

Chin@Strategy

WASHINGTON — An investigation into manipulation of an annual World Bank report has found that Kristalina Georgieva, the bank’s former chief executive, who now leads the International Monetary Fund, directed staff to alter data to placate China. The findings of the investigation, which was conducted by the law firm WilmerHale at the request of the bank’s ethics committee, raised questions about the judgment of Ms. Georgieva during her time at the World Bank and underscored the pressure that the bank has been under to accommodate China, its third-largest shareholder after…