The Central American Bank for Economic Integration (CABEI) sued its former president, alleging that he used his position to set himself up to profit after leaving the bank and also has attempted to extort the institution.

       In a lawsuit filed in federal court in D.C. on Thursday, the Honduras-based institution claims that Dante Mossi, who led the bank from 2018 to 2023, sought to negatively influence credit rating agencies’ decisions on CABEI after it became clear that he would not have a second term as president.