Ex-World Bank bosses cited in faking Doing Business reports

The Doing Business report is a key document that measures the annual performance of a particular country’s business environment. Photo| Edgar R. Batte  

What you need to know:

Last week the World Bank indicated it would discontinue publication of the Doing Business report over falsification of data entries to favour particular countries, among them China and Saudi Arabia. 

An investigation by WilmerHale, a US-based law firm, has found that top World Bank officials irregularly entered false data to boost and alter scores of  four countries among them  China, Saudi Arabia, United Arab Emirates (UAE) and Azerbaijan. 

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