AIIB to cooperate with Canada probe into Chinese Communist Party control allegations.

1 min read
Source: CNN
AIIB to cooperate with Canada probe into Chinese Communist Party control allegations.
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TL;DR Summary

The Asian Infrastructure Investment Bank (AIIB) is launching an internal review after Canada suspended its ties with the regional development bank, citing claims that the Chinese Communist Party had infiltrated the institution. The allegations were made by Bob Pickard, a Canadian citizen who resigned as global head of communications for the AIIB. The bank said it would cooperate fully with Canada’s inquiry, and undertake its own review. The AIIB has full confidence that the claims will be proven baseless.

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