Bertrand Badré © AFP.
Financial Director Bertrand Badré World Bank will reject the bonus granted him after earlier controversy arose about the amount of premium. That the French news agency AFP learned from reliable sources.
The World Bank had at least four of its top executives bonuses in prospect at a time when the institution reorganization had implemented. Badré got a bonus of $ 94,000 allocated on top of his net annual salary of $ 380,000.
The news of the premium led to internal commotion since Badré is closely involved in the restructuring of the institution that fights against poverty. The reorganisering includes more that $ 400 million will be saved. Over a period of three years Presumably there will also be jobs killed.
In an internal memo that AFP could see suggested the staff organization questions the payment of such bonuses at a time when there will be sought. Approximately 10,000 employees ‘sacrifices’
The World Bank defended the bonuses initially by arguing that the premiums capable executives can be recruited. Tuesday changed the World Bank, however, by saying that there was understanding for the feelings of the staff regarding the restructuring that position.
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