AfDB: Review panel clears Adesina of corruption allegations

AfDB: Review panel clears Adesina of corruption allegations

- Akinwumi Adesina, president of the Africa Development Bank, has been exonerated of all allegations leveled against him

- The AfDB president was cleared off all wrongdoing by a panel that was set up to review the report of the bank's committee

- The three-man independent review panel was led by the former president of Ireland, Mary Robinson

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The president of the Africa Development Bank, Akinwumi Adesina has once again been exonerated from the allegations of corruption leveled against him.

According to BuinessDay, the special committee set up by governors of the AfDB cleared Adesina of any wrongdoing.

The independent panel of three was headed by Mary Robinson, the former president of Ireland.

The committee noted that its findings were sent in on Monday, July 27, adding that it had considered the president’s submissions.

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AfDB: Review panel clears Adesina of corruption allegations

AfDB president Akinwunmi Adesinahas been cleared of corruption allegations.
Source: Twitter

Recall that the former Irish president joined the panel reviewing the report of the ethics committee that cleared the former minister of allegations of impropriety.

Robinson, who served as the president of Ireland between 1990 and 1997, was included among the panel of three after AfDB's Board of Governors decided to set up a panel that was instigated by the United States of America to review the report of the bank's committee that cleared Adesina.

The panel's job was to review the ethics committee's report and will not be commencing a new investigation on the allegations.

Though the ethics committee of the AfDB had earlier cleared Adesina, the United States was not happy with the board's decision.

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

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After much hesitance, AfDB finally approved an independent investigation of the allegations against the president of the bank.

The bank took the decision on Thursday, June 4, at a meeting of the bureau of the board of governors regarding the whistle-blowers’ complaints against Adesina.

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Earlier, Legit.ng reported that Adesina was accused by a group of unidentified whistleblowers of handing contracts to acquaintances and appointing relatives to strategic positions at the Abidjan-based lender.

He, however, denied the allegations leveled against him. The bank chief who spoke out for the first time about the allegations expressed confidence in the integrity, rules, and processes of the bank. He described the allegations as trumped-up.

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