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China-led AIIB to have compliance unit to oversee management

AIIB is creating a pipeline of projects and will work with institutions such as the World Bank and Asian Development Bank on co-financing projects, says Jin Liqun, the lender's president.


THE US$100 billion Asian Infrastructure Investment Bank will have a special compliance and integrity unit that will exercise oversight over the management and report directly to the board, according to Jin Liqun, the lender's president.

"There'll be division of power and