Saturday, July 4, 2020

AfDB board bows to US pressure, approves fresh probe of Adesina



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.