Volcker critical of World Bank integrity unit

Paul Volcker, a former chairman of the Federal Reserve, has lambasted the World Bank's governance and anti-corruption strategy.

A review published on Thursday of the World Bank's department of institutional integrity, conducted with Volcker at the helm, said: "Serious operational issues and severe strains in relations with some operations units have arisen, at times contributing to counter-productive relations between the World Bank and borrowers and funding partners."

In an interview with th