Nigeria’s Adesina Cleared Of Wrong Doing At AfDB

Akinwumi Adesina had been accused by whistleblowers in a 15-page report earlier this year mismanaging the bank, poor governance, impunity, personal enrichment and favouritism.

Mr. Akinwunmi Adesina is the president of African Development Bank / Photo credit: rifnote.com
Mr. Akinwunmi Adesina is the president of African Development Bank / Photo credit: rifnote.com

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, according to a report by AFP.

Akinwumi Adesina had been accused by whistleblowers in a 15-page report earlier this year mismanaging the bank, 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.

READ ALSO: ‘I Will Continue To Support You,’ Buhari Assures Adesina, AfDB President

“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.

READ ALSO: AfDB Board Okays Independent Probe Of Adesina

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

Written by The Interview Editors

The Interview is a niche publication, targeting leaders and aspiring leaders in business, politics, entertainment, sports, arts, the professions and others within society’s upper middle class and high-end segment in Nigeria.

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