I am innocent - Akinwunmi Adesina breaks his silence over allegations of fraud at AfDB

I am innocent - Akinwunmi Adesina breaks his silence over allegations of fraud at AfDB

- The president of the AfDB, Akinwumi Adesina, is maintaining his innocence following allegations of impropriety levelled against him

- Adesina denied the allegations saying they were meant to tarnish his reputation

- The AfBD boss expressed confidence in the bank's processes and governance procedures

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Amid allegations of impropriety levelled against him, Akinwumi Adesina the current president of the African Development Bank (AfDB) has denied the claims saying he is innocent, The Nation reports.

The former Nigerian minister of agriculture in a statement he personally signed, said the allegations against him were meant to tarnish his reputation.

The bank chief who is speaking out for the first time about the allegations expressed confidence in the integrity, rules, and processes of the bank. He describes the allegations as trumped-up.

He said: “In spite of unprecedented attempts by some to tarnish my reputation and prejudice the bank’s governance procedures, I maintain my innocence with regard to trumped-up allegations that unjustly seek to impugn my honor and integrity, as well as the reputation of the African Development Bank.

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AfDB: More trouble as US demands fresh probe into allegations against Adesina

I am innocent - AfDB boss breaks silence over allegations of fraud
AfDB boss breaks silence over allegations of fraud, says he is innocent
Source: Twitter

I am confident that fair, transparent and just processes that respect the rules, procedures, and governance systems of the Bank, and the rule of law, will ultimately prove that I have not violated the Code of Ethics of this extraordinary institution.”

The AfBD president also explained that he will continue to work with all shareholders of the bank to ensure the institution maintains its global reputation.

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Earlier, Legit.ng reported that the former director-general of the Securities and Exchange Commission, Arunma Oteh, declared her support for Adesina.

Oteh, a former treasurer and vice president at the World Bank, insists Adesina a former Nigerian minister of agriculture, is a man of integrity and a great leader.

“He remains the best man to lead Africa’s great institution for the next 5 years,” she wrote on Twitter.

Similarly, the US government has demanded a fresh investigation into allegations of impropriety against the president of the AfDB.

The ethics committee of the AfDB had cleared Adesina of all allegations of impropriety and fraud leveled against him.

The US treasury secretary, Steven Mnuchin, rejected plans by the AfDB's board to end an investigation into its president and called for an independent probe into allegations against him.

Mnuchin in a letter dated May 22, and addressed to Niale Kaba, chairwoman of the bank's board of governors, said the treasury disagreed with findings by the bank's ethics committee that "totally exonerated" Adesina.

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Source: Legit.ng

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