Paul D. Wolfowitz’s efforts to continue as president of the World Bank received a severe setback on Sunday when a group of two dozen of the world’s finance ministers and leaders of other international organizations delivered an uncommonly public reprimand of his leadership. The development committee has expressed ‘great concern’ about the institution’s future and the need to protect its integrity and the morale of its staff. In response, speaking in a press conference Wolfowitz asserted to stay on at the bank. However, he said that even he cared about the bank’s ethical standards. The ministers and officials on a global committee, which oversees both the bank and the International Monetary Fund, have certainly deepened the ambiguity about Wolfowitz future. The criticism of Wolfowitz came in the form of bureaucratic language in a string of condemnation in the board’s communique that declared ‘the current situation is of great concern to all of us’. The statement is widely perceived as a bizarrely forthright language for a guarded institution. The bank’s development committee has apparently mounted immense pressure on the former number two at the Pentagon to resign from his top job for running the world’s leading development body. The official release by the bank’s development committee said, "We have to ensure that the bank can effectively carry out its mandate and maintain its credibility and reputation as well as the motivation of its staff. The current situation is of great concern to all of us." The bank’s board is examining the possibilities over deciding the fate of Wolfowitz after it was disclosed that he was involved directly for his partner Shaha Riza to be seconded from the bank to the state department with a promotion and a higher salary. Speaking over the entire situation development ministers have said, ‘We endorse the board’s actions in looking into this matter and we asked it to complete its work. We expect the bank to adhere to a high standard of internal governance.’ On the other hand, while speaking at a press conference Wolfowitz indicated towards his intention to continue his job at the bank. Though he avoided making any statement regarding the board’s thinking and mentioned, ‘We had an excellent series of meetings. A major theme was the importance of scaling up aid, especially to Africa.’