AIIB says internal review found ‘no evidence’ of China influence

AIIB says internal review found ‘no evidence’ of China influence

The sign of Asian Infrastructure Investment Bank (AIIB) is pictured at its headquarters in Beijing, China. File | Photo Credit: REUTERS The China-based Asian Infrastructure Investment Bank (AIIB) said Friday there was “no evidence” it was dominated by Beijing’s ruling Communist Party, as it released a review into explosive claims made by a former executive. … Read more

Multilateral development banks should intensify pvt capital mobilisation for inclusive, green growth: Sitharaman

Multilateral development banks should intensify pvt capital mobilisation for inclusive, green growth: Sitharaman

New Delhi, Multilateral development banks like AIIB need to intensify private sector capital mobilisation for inclusive and green development, Finance Minister Nirmala Sitharaman said on Tuesday. Participating in the sixth Annual Meeting of the Board of Governors of Asian Infrastructure Investment Bank (AIIB), the minister also urged the multilateral bank to explore investment opportunities for … Read more