World Bank Abandons 'Doing Business' Report After Probe Finds IMF Boss Cheated China's Ranking Higher Bloomberg reports that International Monetary Fund Managing Director Kristalina Georgieva was cited by the World Bank in the probe.... “The changes to China’s data in Doing Business 2018 appear to be the product of two distinct types of pressure applied by bank leadership on the Doing Business team,” the World Bank said in a report Thursday. The bank cited “pressure applied by CEO Georgieva and her advisor, Mr. Djankov, to make specific changes to China’s data points in an effort to increase its ranking at precisely the same time the country was expected to play a key role in the bank’s capital increase campaign.” Georgieva served as chief executive officer of the World Bank prior to moving to head the IMF. How does she keep her job after this? is there any institution left that is not corrupt? and one more question: is every elite in China's pocket? Multiple Federal Reserve Board Members investigated... On social media, users mocked the news as potentially damning for the central bank's credibility, since even the appearance of potential corruption is enough to destroy trust in a public institution, even if Powell & Co. continue to deny that their finances have now sway over policy. None of them have placed their money in blind trusts, which are considered the gold standard for dispelling conflicts of interest.