News24

Mugabe attacks West over World Bank job

2012-05-24 20:47

Harare - Zimbabwean President Robert Mugabe on Thursday lashed out at the "selfish" West for denying Nigerian finance minister Ngozi Okonjo-Iweala the opportunity to head the World Bank.

Okonjo-Iweala, a respected economist, last month lost the World Bank president post to Korean-American Jim Young Kim, in a first-ever challenge to US domination of the job.

"We were very saddened that you didn't make it," Mugabe told a women's conference in Harare, which the Nigerian minister was attending.

"You know the Europeans are very selfish, they want to retain power in these bodies.

"The World Bank, no African can head it. The IMF, no African can head it. So it will take us time to be equal," said Mugabe.

Under a tacit agreement since the Bretton Woods institutions were founded nearly 70 years ago, the United States has always picked one of its citizens for the helm of the World Bank while Europe has held control of who leads the International Monetary Fund.

The US nominee faced a challenge for the first time in 66 years from two strong developing country candidates.

More competition

Okonjo-Iweala meanwhile said her candidacy for the World Bank president has proven that developing countries can lead global institutions.

"I think they [World Bank] have absolutely no choice, they have to evolve," she said.

"It was a game changer that we cannot have the same processes that have gone on for 60 years going on in future, therefore I am confident that going forward there will be a more level playing field, more competition will be allowed."

Meanwhile, UN rights chief Navi Pillay, who is on a five day visit to Zimbabwe, also attended the conference.

"The lack of respect for women's rights remain entrenched in our society," she said.

"In sub-Saharan Africa alone young women 15-24 years are as much as eight times more likely than men to be living with HIV," noted Pillay, calling on countries to address the problem.

Comments
  • Squeegee - 2012-05-24 21:00

    Having Mugabe's vote is a sure way NOT to get elected.

  • John - 2012-05-24 21:16

    Need a mate to help you steal more Bob?

      clement.mokone - 2012-05-24 21:45

      Of course, the west are very selfish. Mugabe is right. People do not like those who tell the truth. Like any imperialist nation,dey wanna cling to power by hook or crook. No justice.

      Ron - 2012-05-24 22:20

      @Clement... just like Mugabe?

      Sharon - 2012-05-27 13:24

      @ clement,look at africas monatery record and then post your dumb comments

      Caleb - 2012-05-30 08:15

      what has bob stolen?

      james.m.wood.773 - 2012-09-15 10:06

      what has bob stolen< wow talk about an ignorant statement. he is one of the worlds richest men, and yet the state coffers are empty, coincidence? i think not

  • donald.perumal - 2012-05-24 21:48

    Comrade Mugabe if your leadership showed some pragmatic decisions that put Zimbobwe on the economic map then ,and only then she would have stood a chance. But then you are stuck in the dark ages with european colonisers.

      Caleb - 2012-05-30 08:07

      the matter in subject has got nothing to do with zimbabwe or mugabe. it is a distressing reality that europeans are selfish period. accept it and find another forum to criticize our comrade Mugabe.

  • Raymond - 2012-05-24 21:51

    No black will head the World Bank,no black will head the IMF,so say's Moogarbage,I wonder why??mmmm....let's think why,you don't have to be a rocket scientist to guess why.There is a valid reason for everything.

      eddie.serane - 2012-05-25 05:33

      @Raymond u a jst lyk Mugabe u hte him jst lyk he hates the whitess n blks will alwyz depressed as long as their mind are the same as yours

  • matt.cumming.77 - 2012-05-24 21:55

    Well its not like any educated person would ever listen to an economic suggestion from a man who ran his country into the ground...

  • Raymond - 2012-05-24 21:58

    America and Europe do not take this idiot seriously.He is such a joke like those close to him.Why do some of these guys have such big bald heads and such small brains.

      Caleb - 2012-05-30 08:10

      on the contrary..majority of us takes bob very seriously....

  • ntemi.mark - 2012-05-24 22:03

    this man hates the west! goodness me get life Bob wake up the west will never be fooled by you &your mates,in every statement u make u always mention West,crakey!the only think u should think about now is ICC,4get about West please!

  • Bear - 2012-05-24 22:15

    Isn't Nigeria corrupted s**tless? Why have a finance minister who can't control the money of her own country in the world bank?

  • lanre.beckley.9 - 2012-05-24 22:33

    @ Bear, is that the best u can say? Aint Nigerians corrupt? Why's that u never saw any good commin out of ur own supposed african country, isn't SA a pathetic country full of corrupt officials and yet deny being corrupt? Grow up please wacko!

  • John - 2012-05-25 05:53

    Mugabe calling the West selfish!! What a joke. Who's clinging to power no matter what in Zim. he wants to maintain power in his own country regardless of the wish of the majority of the Zim. people.

  • Kevin - 2012-05-25 06:11

    Mad Bob - without you Africa would of had a leader of the world bank a decade ago - just go and do it quitely.

  • Jacob - 2012-05-25 07:24

    There goes Navi Pillay, supping with the old devil Bob jan

  • kevin.cuyler.7 - 2012-05-25 07:33

    A Nigerian in charge at The World Bank??????????? HAHAHAHAHAHAHAHA! That's really funny - where does News24 get this from BWAHAHAHAA *snff*

      mabelebel1 - 2012-05-25 07:50

      until revolution takes place nothing we be done africans so open yr onwn bank since most of resorces come from africa

  • Fidel - 2012-05-25 08:26

    Where has Mugabe been. Didn't he listen to the SG a few days ago. http://www.fin24.com/Economy/Brics-to-launch-development-bank-in-2013-20120425

      Fidel - 2012-05-25 08:53

      The bank will use a basket of currencies from these countries, backed by gold, not fiat money.

  • brainbowgold - 2012-05-25 10:27

    The spoken word of Mugabe, in suit and tie and in the Queen's best English, can have little relevance to any person of sound mind.

      Caleb - 2012-05-30 08:12

      we have heard what bob said loud and clear and we fully concur with him.

  • Iceberg - 2012-05-27 13:47

    People/leaders with Mugabe's mindset WILL NEVER BE EQUIL!

  • Caleb - 2012-05-30 08:18

    suprisingly the west are trying to blame Mugabe for everything that goes wrong globally....they should tell us what is wrong their banks that collapsing daily...

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