US rejects AfDB’s findings, demands fresh probe of Akinwumi Adesina

The United States has demanded a fresh probe of the president of African Development Bank, Akinwumi Adesina, over allegations leveled against him.

Bloomberg reports 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.

However, Le Monde, a French newspaper, reported that the petition was allegedly spearheaded by an elected staff member to “discredit” Adesina’s candidacy for reelection.

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

After the allegation, the AfDB’s board asked its ethics committee to probe Adesina. The committee after its findings “totally exonerated” Adesina form the allegations of favoritism.

But in a letter dated May 22, the US through its  Treasury Secretary Steven Mnuchin rejected findings by the bank’s ethics committee and plans to end an investigation into its president.

In the letter addressed to Niale Kaba, chairwoman of the bank’s board of governors, Mnuchin called for an independent probe into allegations against Adesina. Punch
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