Wolfowitz Faces New Inquiry

The World Bank's board said yesterday that it has ordered an ad hoc group of its members to "urgently" conduct a far-reaching investigation into bank President Paul D. WOLFowitz's involvement in arranging the compensation and promotion package for his companion, who is also a bank employee.

The board did not set a timeframe for the committee's deliberations, but bank officials said an announcement could come as early as next week. The board has also postponed a nine-day trip to Mongolia and the Philippines set to start next week, bank officials said.