IMF’s Georgieva accuses former World Bank President Kim’s office of manipulation



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IMF’s Georgieva accuses former World Bank President Kim’s office of manipulation

Kristalina Georgieva, the head of International Monetary Fund (IMF), the Washington DC-based sister organization of World Bank aimed at promoting economic cooperation and growth, had revealed an explosive report on her alleged role in a Beijing-associated data manipulation scandal while having been appointed at the World Bank, accusing the then-World Bank President Jim Kong Kim of personally proposing a data-rigging in order to heighten up China’s standing in World Bank’s Doing Business 2018 report.

Georgieva had been the acting Cheif Executive of World Bank between January 2017 and September 2019. Aside from that, Georgieva, who had been facing off a flurry of criticisms over her roles in a China-associated data rigging scandal alongside calls for resignation, too, had said on Friday that the accusation contained “fundamental error” and had altered the subject-matter by a substantial margin.

More surprisingly, former World Bank executive Georgieva, had actually laid the blame on ex-World Bank’s President Jim Kong Kim of S. Korea, adding that his headquarter had made a proposal to include Hong Kong data into China in a bid to step up China’s standing in World Bank’s Doing Business 2018 to 7.

IMF Chair Goergieva accuses ex-World Bank Chair Kim of data rigging

In point of fact, latest remarks from the IMF Chief Georgieva came forth just days after a law firm, WilmerHale, had elaborated in a report that Georgieva had actively participated in a World Bank plot back in the 2018s to boost up China’s ranking to 7 in the World’s Doing Business 2018 report.

Nonetheless, International Monetary Fund had said in a statement followed by the WilmerHale report that it was reviewing the point of concerns.