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Reuters
Reuters
Business
By Cassandra Garrison and Andrea Shalal

Exclusive-Trump nominee Claver-Carone voted out at IDB, threatens legal action

FILE PHOTO: Visitors walk past a screen with the logo of Banco Interamericano de Desarrollo (BID) at the Atlapa Convention Center in Panama City March 13, 2013. REUTERS/Carlos Jasso

The governors of the Inter-American Development Bank (IDB) on Monday voted to fire Mauricio Claver-Carone, the bank said, after an investigation showed that the only American president in the bank’s 62-year history had an intimate relationship with a subordinate.

The bank's 14 directors had voted unanimously on Thursday to recommend the board remove Claver-Carone after an independent ethics investigation found evidence he had engaged in a prior intimate relationship with a senior staffer and it may have continued while they were at the bank. It also showed he made employment decisions for the staffer, including salary increases totaling more than 45% of base pay in less than one year.

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