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Search resuls for: "Andrea Shalal Cassandra Garrison"


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REUTERS/Carlos JassoWASHINGTON, Sept 22 (Reuters) - The Inter-American Development Bank's board of directors voted unanimously on Thursday to recommend removing President Mauricio Claver-Carone after an independent ethics investigation found misconduct, three sources familiar with the vote said. Reuters reported on Wednesday that the board was nearing consensus on a vote to fire Claver-Carone. Termination of Claver-Carone, a nominee of former U.S. President Donald Trump, requires a majority of the total voting power of the governing board. The bank's three largest shareholders - the United States, Argentina and Brazil, together hold nearly 53% of the voting power. This had "undermined confidence in Claver-Carone's trustworthiness and ability to lead a rules-based multilateral development institution," the source added.
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