Buhari Meets AfDB President, Adesina

The President, Major General Muhammadu Buhari (retd.), on Tuesday, met with the President of the African Development Bank, Dr Akinwumi Adesina, behind closed-door in the State House.

The PUNCH reports that whistleblowers had petitioned Adesina, accusing him of 16 breaches of the bank’s code of conduct, some of which include private gains, impediments to efficiency, preferential treatment, and involvement in political activities, which Adesina has continued to deny.

Upon an investigation by the ethics committee of the board of directors, the allegations were found to be frivolous, unsubstantiated and lacking in merit.

The chairman of the board of governors being satisfied that the committee had done a thorough job, having followed all known rules and procedures of the bank in handling such cases, exonerated Adesina on all 16 allegations.

But the United States’ Treasury Secretary Steven Mnuchin, in a letter to the Chairperson of the  bank, Niale Koba, rejected the verdict of the committee and called for an independent investigation into the allegations against Adesina.

Nigeria and African leaders, including Obasanjo had faulted US’ call for a fresh probe and backed the AfDB’s board decision to exonerate Adesina.

The PUNCH reports that Adesina, a Nigerian, is the sole candidate for the bank’s election expected to hold in August.

Details later…

Source: The Punch


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