Breaking! Investigative Panel Clears AfDB President, Adesina Of All Allegations

'Dotun Akintomide
Writer
No Nation Can Develop Without Respect For Rule of Law —- AfDB president

Ad

Democrats sweep key US elections in rebuke to Trump

By Obinna Uballa Democrats notched a series of decisive wins across the United States on Tuesday, signalling a setback for President Donald Trump’s political influence ahead of future national contests. In New York, Zohran Mamdani - a Muslim and democratic socialist - is projected by NBC News to become the city’s next mayor, marking a…

Ex-NSO DG, former CoS to Obasanjo, Gen Abdullahi Mohammed dies at 86

By Obinna Uballa Major General Abdullahi Mohammed (retd.), a powerful figure in Nigeria’s military, political and security establishment who served as the pioneer Director General of the defunct Nigeria Security Organisation (today's DSS and NIA), has died at the age of 86. The former Chief of Staff to Presidents Olusegun Obasanjo and Umaru Musa Yar’Adua…

Sudan funeral attack kills 40 as RSF gears up for new offensive

By Obinna Uballa At least 40 civilians were killed in an attack on a funeral gathering in El-Obeid, the capital of North Kordofan State, as Sudan’s war spreads deeper into the country and paramilitary Rapid Support Forces (RSF) appear poised for another major offensive. The United Nations Office for the Coordination of Humanitarian Affairs (OCHA),…

Ad

An independent panel of experts, headed by former Irish president Mary Robinson, has cleared the beleaguered leader of the African Bank of Development (AfDB) of corruption, AFP reported early Tuesday.

Akinwumi Adesina, 60, a charismatic speaker known for his elegant suits and bow ties, became the first Nigerian to helm the AfDB in 2015 — but a 15-page report earlier this year claimed that under his watch the bank had been tarred by poor governance, impunity, personal enrichment and favouritism.

The panel of three experts, led by Robinson alongside Gambia’s Chief Justice Hassan Jallow and the World Bank’s integrity vice president Leonard McCarthy, cleared Adesina of all charges alleged by whistleblowers.African Bank of Development

“The Panel concurs with the Committee in its findings in respect of all the allegations against the President and finds that they were properly considered and dismissed by the Committee,” Monday’s report concluded.

The African banking institution and Adesina — who is the sole candidate for the bank’s August’s presidential elections — has been battered by the rollercoaster of allegations after the whistleblowers’ complaints were leaked to the media in April.

The former Nigerian finance minister had always stated he was “innocent” of the charges.

Robinson — who led Ireland from 1990 to 1997 before serving as the United Nations High Commissioner for Human Rights until 2002 — dismissed the 16 whistleblower allegations against Adesina.

The panel did not investigate the charges themselves, as that was not within their mandate.

The African Bank of Development plays an important if largely behind-the-scenes role in African economies, financing projects in agriculture, health, energy, education, transport and other development sectors.

Ad

Unlocking Opportunities in the Gulf of Guinea during UNGA80
X whatsapp