{"id":904419,"date":"2021-10-21T03:28:56","date_gmt":"2021-10-21T07:28:56","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=904419"},"modified":"2021-10-21T09:15:25","modified_gmt":"2021-10-21T13:15:25","slug":"us-treasury-will-hold-imf-chief-accountable-for-integrity-changes-official","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/us-treasury-will-hold-imf-chief-accountable-for-integrity-changes-official\/","title":{"rendered":"US Treasury Will Hold IMF Chief Accountable for Integrity Changes: Official"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">22<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fus-treasury-will-hold-imf-chief-accountable-for-integrity-changes-official%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=904419&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>WASHINGTON\u2014The second-ranking U.S. Treasury official told senators on Tuesday that the agency would hold <a href=\"https:\/\/www.theepochtimes.com\/t-international-monetary-fund\">International Monetary Fund<\/a> Managing Director <a href=\"https:\/\/www.theepochtimes.com\/t-kristalina-georgieva\">Kristalina Georgieva<\/a> accountable for changes needed to safeguard IMF integrity in the wake of a World Bank data-rigging <a href=\"https:\/\/www.theepochtimes.com\/t-scandal\">scandal<\/a>.<\/p>\n<p>\u201cWe did not find that it was appropriate at this point to remove the (IMF) managing director,\u201d Deputy U.S. Treasury Secretary Wally Adeyemo told a U.S. Senate Banking Committee hearing.<\/p>\n<p>\u201cBut we did make very clear during those meetings, and directly to the managing director that changes need to be made to ensure whistleblowers\u2019 rights are protected and that the integrity of the institutions are protected, which is our overarching goal,\u201d Adeyemo said.<\/p>\n<p>Adeyemo\u2019s comments underscored the Biden administration\u2019s continued pressure on Georgieva after the IMF executive board last week cleared her of wrongdoing following allegations that when she was World Bank chief executive in 2017, she put \u201cundue pressure\u201d on bank staff to make data changes to boost China\u2019s ranking in the now-canceled \u201cDoing Business\u201d report.<\/p>\n<figure id=\"attachment_4058849\" class=\"wp-caption alignnone\"><a href=\"https:\/\/img.theepochtimes.com\/assets\/uploads\/2021\/10\/20\/Wally-Adeyemo-1200x795.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"lazy size-medium wp-image-4058849\" src=\"https:\/\/www.theepochtimes.com\/assets\/themes\/eet\/images\/white.png\" data-src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2021\/10\/Wally-Adeyemo-600x398-1.jpg\" alt=\"Wally Adeyemo\" width=\"600\" height=\"398\" \/><figcaption class=\"wp-caption-text\"><noscript><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-4058849\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2021\/10\/Wally-Adeyemo-600x398-1.jpg\" alt=\"Wally Adeyemo\" width=\"600\" height=\"398\" \/><\/noscript><\/figcaption><\/a> Then U.S. Deputy Secretary of the Treasury nominee Wally Adeyemo speaks during an event at the Queen Theater in Wilmington, Del., on Dec. 1, 2020. (Alex Wong\/Getty Images)<\/figure>\n<p>\u201cWe will be holding her and the other leaders of the international financial institutions accountable for making these changes,\u201d Adeyemo said.<\/p>\n<p>A probe of \u201cDoing Business\u201d data irregularities, by law firm WilmerHale, is continuing and the firm is expected to issue a second report on potential misconduct by World Bank staff.<\/p>\n<p>Adeyemo\u2019s boss, U.S. Treasury Secretary Janet Yellen, last week during IMF and World Bank annual meetings, called for strong action by the two institutions to protect data integrity and prevent misconduct in the wake of the scandal.<\/p>\n<p>Georgieva told Reuters last week that the IMF has robust controls and strong internal protections for whistleblowers, but would work with staff to strengthen the Fund\u2019s credibility.<\/p>\n<p><em>By David Lawder<\/em><\/p>\n<div class=\"one_author_block round\">\n<div class=\"top_row\">\n\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2021\/10\/Screen-Shot-2021-10-04-at-4.17.17-PM.jpg\" alt=\"Reuters\" \/><\/p>\n<p>Follow<\/p>\n<\/div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>WASHINGTON\u2014The second-ranking U.S. Treasury official told senators on Tuesday that the agency would hold International Monetary Fund Managing Director Kristalina Georgieva accountable for changes needed to safeguard IMF integrity in &#8230;<\/p>\n","protected":false},"author":7,"featured_media":2315279,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-904419","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/904419","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=904419"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/904419\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=904419"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=904419"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=904419"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}