Head of World Bank Fraud Unit Resigns
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The resignation of Suzanne Rich Folsom is another blow to the already shaken organization, six months after its new president has taken office.
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A media-generated "overheated" atmosphere forced Paul Wolfowitz to leave the World Bank, he says.
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NAIROBI -- Kenya's top anticorruption official quit yesterday, dealing the biggest blow so far to President Mwai Kibaki's election pledge to root out public corruption hobbling East Africa's largest economy.
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Foreign Minister Milton Jimenez quits after being caught drink-driving and held by police.
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Croatian Foreign Minister Miomir Zuzul has resigned following accusations of corruption, which he has denied.
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PORT-AU-PRINCE, Haiti  - The head of a panel  organizing elections in Haiti next year to replace ousted  president Jean-Bertrand Aristide has resigned, warning that  other panel members were trying to rig the ballot.
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"The change we are making is the first major revision in the surveillance framework in some 30 years and it is the first ever comprehensive policy statement on surveillance"  International Monetary Fund managing director Rodrigo de Rato will step down in October, he said Thursday, some six weeks after upheaval at the helm of the sister institution, the World Bank.'My family circumstances and responsibilities, particularly with regard to the education of my children, are the reason for relinquishing earlier than expected my responsibilities at the Fund,' he said in a statement to the board of the 185-nation lending institution.De Rato, 58, a former Spanish economy minister, told the executive board of the 185-nation lending organization he would leave in October after the IMF's annual meeting. Read more
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Swiss banking giant UBS on Friday announced the surprise resignation of its chief executive Peter Wuffli following a turbulent period for the bank marked by difficulties in the US mortgage market.
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A newly-appointed Thai economics chief resigns after protests over his links to the former prime minister.
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The head of the Asia Pacific region for Intercontinental Hotels quits after lies were discovered about his academic qualifications.
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The International Monetary Fund's managing director, Rodrigo de Rato, is to step down in October.
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Departing World Bank President Paul Wolfowitz  blamed an overheated atmosphere at the bank and in the media for forcing him to resign.
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The head of the Child Support Agency has resigned amid widespread criticism of the body's work.
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THE US ambassador to the United Nations, John Danforth, has resigned less than six months after becoming the diplomatic face of Washington at the world body.
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A federal hurricane research scientist resigned from a United Nations-sponsored climate assessment team, saying the group's leader had politicized the process.
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The future of the International Monetary Fund is thrown into confusion after the shock resignation of its managing director, Rodrigo de Rato.
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WASHINGTON -- The head of the Organization of American States has decided to resign just two weeks into his tenure after allegations that he participated in a bribery scandal involving a French telephone company, an OAS official said Friday.