The president of the Inter-American Development Bank, Mauricio Claver-Carone, allegedly threatened to "burn" or "bring" the bank down over an investigation into a rumored affair he had with a female staffer, according to an outside report.
Why it matters: In response to the confidential report from the law firm Davis Polk, which was commissioned by the bank, there is growing momentum among the bank’s shareholders to oust Claver-Carone, according to a person familiar with the matter.
