Financial Times FT.com

Donors seek ADB shake-up

By Raphael Minder in Hong Kong

Published: January 16 2008 22:15 | Last updated: January 16 2008 22:15

The US, the UK and other leading donors are demanding an overhaul of staffing and oversight procedures at the Asian Development Bank.

Concerns about the functioning of the Manila-based lender have prompted the UK to withdraw a commitment to provide more funds, citing a “lack of significant progress on the reform agenda”.

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