World Bank president Paul Wolfowitz had to fight for his political life after a favoritism scandal surrounding his girlfriend was revealed.

A weekend of high-level talks among global financial leaders came as calls for Wolfowitz to resign mounted.

After a day long meeting the board of executives detailed the findings of its investigation in the row over Wolfowitz's Libyan born partner, Shasha Riza.

The 24 executive directors released 100 pages of documents along with a statement revealing that on the former US deputy defense secretary's personal direction, Riza was given salary raises that took her annual paycheck up to 200,000 US dollars.

According to the documents she remained on the World Bank payroll even after her reassignment from the WB to the US State Department.

"The executive directors will move expeditiously to reach a conclusion on possible actions to take," the board's statement said.

Wolfowitz said on Thursday "I will accept any remedies proposed by the executive board."

World Bank president apologized for his actions saying "I made a mistake for which I am sorry."

His regrets and apologies, however, were not enough for the WB's staff who say his actions have "destroyed" the trust of employees and that he should "quit".

The Financial Times editorial also called for Wolfowitz to go either voluntarily or at the behest of the board.

Paul Wolfowitz is no stranger to scandals, having been under attack for his engineering of the Iraq war. He was the Pentagon's deputy secretary of defense from 2001 to 2005, before his controversial nomination as the President of World Bank by the US government.

He is also under fire from staffers for his management style, following a series of clashes with the board and hostility towards his appointment of Republican Party allies to jobs in his inner circle.

FRA/KB