World Bank president calls corruption 'Public Enemy No. 1'
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The World Bank took a bold stance on fighting corruption on Thursday, with President Jim Yong Kim saying that corruption at both the public and private level is the scourge of the developing world.
The development institution, which long shied away from tackling corruption because it wanted to steer clear of politics, on Thursday said it plans to hire more experts in the rule of law and other governance issues. (Reuters)