IMF managing director Horst Koehler said in an 11 April interview with London’s Financial Times that an explicit UN resolution was not necessary for the fund to become involved in Iraq, but that a post-war regime would need to have international legitimacy. ‘In principle, in order to exercise our mandate, we do not need a mandate from the UN,’ said Koehler. ‘We need legitimacy and I hope after war is ended that this legitimacy is there so that we can act.’ He also called on the US not to draw international institutions into political arguments. ‘I appeal to the leaders to keep the IMF and World Bank out of this dispute and allow us to become active on the basis of our legitimacy.’