IDB board backs calls to oust president

IDB board backs calls to oust president

People International Financial Institutions Inter-American Development Bank (IDB) United States Latin America

The board of directors of the Inter-American Development Bank (IDB) backed calls to fire Mauricio Claver-Carone as president in an unanimous vote on Thursday, according to press reports. Claver-Carone is accused of having an affair with an assistant in violation of the development bank's rules, press said, citing an investigation by law firm Davis Polk. Claver-Carone allegedly increased the assistant's annual salary by 46% in less than a year to $400,000, Bloomberg reported. Claver-Carone was no

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