The IDB (Inter-American Development Bank) fired its president, Mauricio Claver-Carone, yesterday (26) after an investigation concluded that he had a close relationship with an employee in violation of the institution’s rules.
He had previously denied the allegations and criticized the investigation for “not meeting international standards of integrity”.
Independent consulting with law firm Davis Polk has concluded that Claver-Carone had a previous relationship with the woman and that she had violated the bank’s policies by acting on her behalf in the organization, the Financial Times reported.
Tips gathered by the consultancy include the “excessive” costs of hotel nights on official trips with the employee, and retaliation against IDB members who report the relationship between the two.
Reina Irene Mejia of Honduras, the bank’s vice president, assumed the presidency on an interim basis until her successor was chosen.
Trump’s name for the Latino development bank. A Cuban-American lawyer rose to the presidency of the main source of funding for the development of Latin America and the Caribbean, breaking the tradition of being a Latino.
Founded by the OAS (Organization of American States) in 1959, the IDB had four presidents before Claver-Carone: Chilean Felipe Herrera (1960-1970), Mexican Antonio Ortiz girl (1970-1988), Uruguayan Enrique churches (1988-2005) and Luis Alberto Moreno (2005-2020), from Colombia.
Before Mauricio was appointed Claver-Carone He was the White House national security adviser to former US President Donald Trump. He was known for his strong opposition to Havana and Venezuela.
His election in September 2020 garnered 67% of the shareholder vote and the support of 23 of the 28 countries in the region. It was seen as a victory for Trump at the time, but drew criticism: Argentina, Chile, Mexico, Peru and trinidad Tobago abstained.
position on China. one of the doubts about Claver-Carone was considering how he would view China at the IDB, especially since Trump has a strong anti-Beijing rhetoric. According to an interview he gave to AFP after taking office, “Pan-Americanism” is among Claver-Carone’s plans for Latin America.
“China plays an important role in international trade, but it is a country far from America and completely controlled by a state. So our aim is to fulfill the dream of Pan-Americanism that has existed since China was not economical. China has never been among American countries. “It will not replace relations, but it will fill existing gaps. And that’s for competition! We can’t be mad at China for that, but we can be mad at ourselves for leaving the gap.” .
Tensions with Argentina. The economic situation in Argentina was one of the most tense issues of the Claver-Carone administration against the IDB.
The country has accused the bank of freezing US$600 million since Argentine President Alberto Fernández questioned the management of the IDB during the Summit of the Americas in June.
The bank said it could not approve new funds if the country did not meet its commitments to improve its macroeconomic conditions.
In a letter to the editor by the Wall Street Journal, Mauricio Claver-Carone stated that the bank has “a mandate to help members like Argentina”, but also “looks forward to Argentina fulfilling its commitments to the International Monetary”. Fund)”. Improving macroeconomic conditions”.
Faced with a scenario of high inflation and a currency at historically low levels against the dollar, Argentina already has a $44 billion agreement with the IMF.
*With information from AFP and Reuters
source: Noticias
