Paulson: Want Fair Process For Wolfowitz

Henry Paulson said on Thursday it was vital that the World Bank follow a fair process in assessing the leadership of Paul Wolfowitz.

U.S. Treasury Secretary Henry Paulson said on Thursday it was vital that the World Bank follow a fair process in assessing the leadership of Paul Wolfowitz but declined to comment on the outcome.

"He is a dedicated and committed public servant and I very much admire what he has done at the World Bank in terms of fighting poverty," Paulson said during an interview on Bloomberg Television.

Wolfowitz is embroiled in a struggle to hold on to the presidency of the global lender amid calls for him to quit over his handling of a pay rise and promotion for a companion.

"We need very fair processes. This shouldn't be rushed. But I'm not going to get into outcomes and you shouldn't take that as any lessening of my support or admiration for Paul Wolfowitz," Paulson said.