“The former colonial power in India argued that cutting off loans would hurt the poor, not just the corrupt, and that lending should continue while the bank and government addressed the corruption problem.”
Wow, they’ve got their talking points and reactions down pat! Next they’ll need more money to stamp out the corruption.
Is not that always the case with them? Same excuses (”poor, not just corrupt”), same accusations (”greedy rich” don’t give enough money), same “solutions” (send more money, “cutting off loans would hurt the poor”).
That’s the reason they hated and used every dirty trick available to them to get rid of Wolfowitz, but it was too late to help them to stay away from trouble.