Canadian executive quits Asian infrastructure bank, citing Chinese Communist Party ties

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Global communications head Bob Pickard cited dominance by Communist Party members over the China-based Asian Infrastructure Investment Bank and said he had no other option ‘as a patriotic Canadian’

to cancel a US$40 million payment to the bank amid the ongoing detention of Canadians Michael Spavor and Michael Kovrig.

Mr. Pickard said it took him “many months” working at AIIB before he became aware of “where the true power is concentrated inside the bank – the CCP crowd who operate like a secret police.” Now in Japan, Mr. Pickard said he had held off announcing his resignation until he left China for fear of arrest.

In an e-mailed statement, the AIIB said Mr. Pickard’s “recent public comments and characterization of the Bank are baseless and disappointing.” It confirmed he had resigned as director general of the bank’s communications department, a position he had held since March 2022.

 

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