The African Development Bank has opened an independent inquiry into allegations of embezzlement and preferential treatment against its embattled president Akinwumi Adesina, who is seeking re-election in August.
The investigation is in response to calls for a probe by Washington.
The board in a statement said It is expected to be concluded within four weeks as the bank prepares to elect a new head.
But Adesina,during a visit to President Muhammadu Buhari on Tuesday declared that his accusers had no shred of evidence against him.
In April, whistleblowers submitted a 15-page report to the bank’s governors detailing alleged embezzlement, preferential treatment for fellow Nigerians in senior appointments, and the promotion of people suspected or convicted of fraud and corruption.