World Bank Fraud?

I have always been sceptical of the World Bank's claims but this is a bit shocking.

The World Bank failed to follow through on its pledges to spend up to $500 million to combat malaria, let its staff working on the disease shrink to zero, used false statistical data to claim success and wasted money on ineffective medicines, according to a group of public health experts writing in the British medical journal The Lancet.

Story here.  Not surprisingly, the World Bank denies the use of false statistics.