Monday, December 16, 2019

US District Court rules World Bank official and neighbour conspired to steal USD

An American businessman has pled guilty to embezzling funds from the World Bank in conspiracy with a Bank official, who received about USD100,000 in kickbacks, according to the indictment, issued by a Grand Jury at the US District Court of Columbia. The World Bank official involved had worked at the institution for more than 25 years.

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