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IDB Board Recommends Removing Trump-Picked Chief Claver-Carone

  • Executive directors’ recommendation was unanimous, sources say
  • Bank’s governors have until Tuesday to make formal decision
Mauricio Claver-Carone

Mauricio Claver-Carone

Photographer: Tarina Rodriguez/Bloomberg
Updated on

The board of a top development bank focused on Latin America voted Thursday to recommend removing the lender’s president after a probe into an alleged romantic relationship with a top aide found he probably violated ethics rules.

The 14 executive directors of the Inter-American Development Bank unanimously recommended ousting Mauricio Claver-Carone, according to people familiar with the process, who asked not to be identified describing a closed-door meeting. The IDB press office wouldn’t immediately comment when asked to confirm the vote.