Controversy Surrounds China-Backed AIIB Bank

1 min read
Source: Reuters
Controversy Surrounds China-Backed AIIB Bank
Photo: Reuters
TL;DR Summary

Bob Pickard, former global communications chief for the Asian Infrastructure Investment Bank (AIIB), has resigned from the bank and alleged Chinese Communist Party influence. He fled to Japan after resigning and claimed he was advised not to set foot in China anytime soon. Canada has frozen ties with the bank while it investigates the matter. Pickard did not believe the interests of Canada were served by the bank and felt the power of the Communist Party people interfered with their ability to communicate transparently.

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