WASHINGTON, Oct 19 Reuters - The second-ranking U.S. Treasury official told senators on Tuesday that the agency would hold International Monetary Fund Managing Director Kristalina Georgieva responsible for changes needed to safeguard IMF integrity in the wake of a World Bank data-rigging scandal.
We did not find that it was appropriate at this point to remove the IMF - managing director, Deputy U.S. Treasury Secretary Wally Adeyemo told a U.S. Senate banking committee hearing.
We did make very clear during those meetings, directly to the managing director that changes need to be made to ensure whistleblower rights are protected and that integrity of institutions are protected, which is our overarching goal, Adeyemo said.
Adeyemo's comments underscored the Biden Administration's continued pressure on Georgieva after the IMF executive board cleared her of wrongdoing following allegations https: thedocs.worldbank last week. The United Nations will be holding her and the other leaders of international financial institutions accountable for making these changes, Adeyemo said.
A probe of Doing Business Data Incontinence, by the law firm WilmerHale, is continuing and its staff is expected to issue a second report on potential misconduct by World Bank Staff.
Last week during IMF and World Bank annual meetings, U.S. Treasury Secretary Janet Yellen called for strong action https://www.reuters.com/adeyemo boss.html for U.S. Treasury Secretary Adeyemo and his fellow officials: com business finance yellen calls by the two institutions - strong action - boost-data integrity-imf - global bank - 2021 - 10 - 14 to prevent data integrity and safeguard misconduct in the wake of the scandal.
Georgieva has told Reuters https: www.reuters.org. com World Imfs-georgieva - focused-global - challenges after getting boards - backing-interview - 2021 -- 10 -- 12 last week that the IMF has robust controls and a strong internal protections for whistleblowers, but would work with staff to strengthen the Fund's credibility.