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Mauricio Claver-Carone is dismissed as president of the IDB for relationship with subordinate

Mauricio Claver Carone He was dismissed as president of the Inter-American Development Bank (IDB) due to a violation of the agency’s internal ethics regulations, according to a private investigation.

The IDB Board of Governors voted to remove anyone close to former President Donald Trump for maintaining a relationship with a subordinateaccording to information from the agency EFE. This version has not been confirmed by the bank.

The arrival of Claver-Carone, in October 2020, was controversial as it was the first american in occupying the presidency of the organization, which had always gone to a Latin American. His closeness to former President Trump was also a point of criticism.

Among the candidates to succeed him is Mexican Alicia Barcenaformer executive secretary of the Economic Commission for Latin America and the Caribbean (ECLAC), together with Michelle Bachelet, former president of Chile, and Laura Chinchilla, former president of Costa Rica.

What did the investigation against Claver-Carone discover?

A private investigation by the firm David Polk & Wardwell, based on an anonymous complaint against the manager, concluded that the defendant maintained a romantic relationship with a subordinate, a situation prohibited by the internal code of ethics, in addition to the fact that there was influence peddling to raise your salary.

In accordance with the statutes of the multilateral organization, the election of the president is subject to the quorum requirements of the Board of Governors and the favorable votes provided for in the Constitutive Agreement of the Bank.

The winning candidate must receive the majority of the total voting power of the member countries, -which varies according to the number of shares subscribed in the Ordinary Capital of the Bank- and the winning candidate must have the support of at least 15 of the 28 member countries of the region.

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