AfDB Bows To U.S. Pressure, Authorises Private Investigation Against Adesina

Nigeria News News

AfDB Bows To U.S. Pressure, Authorises Private Investigation Against Adesina
Nigeria Latest News,Nigeria Headlines
  • 📰 channelstv
  • ⏱ Reading Time:
  • 58 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 63%

AfDB Bows To U.S. Pressure, Authorises Private Investigation Against Adesina

The African Development Bank has agreed to a private probe of its president, Akinwumi Adesina, even after an internal review found no evidence of misconduct.The agreement to privately review Adesina’s conduct comes on the heels of a call by the United States, pressing for an independent probe into charges by whistleblowers.

Some African leaders have pledged to support Adesina, and have kicked against the probe, saying that the callHowever, at the end of its meeting on Thursday, the Bureau of Board of Governors issued a communique, agreeing with the U.S and authorizing an independent review of the ethics committee’s report.

“However, based on the views of some Governors on the matter and the need to carry every Governor along in resolving it, the Bureau agrees to authorize an Independent Review of the Report of the Ethics Committee of the Boards of Directors relative to the allegations considered by the Ethics Committee and the submissions made by the President of the Bank Group thereto in the interest of due process.

“The Bureau agrees that, within a three to six month period and following the independent review of the Ethics Committee Report, an independent comprehensive review of the implementation of the Bank Group’s Whistle-Blowing and Complaints Handling Policy should be conducted with a view to ensuring that the Policy is properly implemented, and revising it where necessary, to avoid situations of this nature in the future.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

channelstv /  🏆 7. in NG

Nigeria Latest News, Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

AfDB board bows to US pressure, approves fresh probe of AdesinaAfDB board bows to US pressure, approves fresh probe of AdesinaThe African Development Bank (AfDB_Group) has opened an independent inquiry into allegations of embezzlement and preferential treatment against its embattled president Akinwumi Adesina (akin_adesina), who is seeking re-election in August.
Read more »

US pressure on Adesina: AfDB warned against compromiseUS pressure on Adesina: AfDB warned against compromiseThe Nigerian Youth Parliament (NYP) has advised the Board of Governors, African Development Bank (AfDB), not to compromise in the probe of AfDB President, Akinwumi Adesina. NAN reports that Mary Torunana, Chairman, Committee on Banking and Finance, spoke at a news briefing on Friday. The board has authorised an independent probe of Adesina. This followed
Read more »

Trump: Mark Zuckerberg bows to pressure, announces review of Facebook policiesTrump: Mark Zuckerberg bows to pressure, announces review of Facebook policiesAmid backlash over President Donald Trump's posts, Mark Zuckerberg has announced that Facebook will review its policies. The Facebook chairman is under fire for not ensuring that the platform checks the American leader's posts In reaction to protests over George Floyd death, Trump, on his Facebook page, described demonstrators as \u201cTHUGS\u201d. The United States President
Read more »

Coronavirus: We’ll monitor spending – AfDB gives Nigeria $288.5m loanCoronavirus: We’ll monitor spending – AfDB gives Nigeria $288.5m loanThe Board of Directors of the African Development Bank (AfDB) has approved $288.5 loan for Nigeria. The fund is to help Africa's most populous nation fight the coronavirus pandemic. AfDB Communications and External Relations Department made this known in a statement on Friday. The bank announced that it had instituted 'strong fiduciary measures' to monitor
Read more »

Adesina: AfDB Board Approves Review Of Investigation, No Further ProbeAdesina: AfDB Board Approves Review Of Investigation, No Further Probe“The Board of Governors of the African Development Bank rules an Independent Investigation is not required and stands by the decision of the Ethics Committee in favour of Adesina.”
Read more »

Breather for Adesina as AfDB Board Bars Fresh Probe - THISDAYLIVEBreather for Adesina as AfDB Board Bars Fresh Probe - THISDAYLIVE•Says Ethics Committee performed role in accordance with applicable rules By Bennett Oghifo with agency report The Bureau of the Board of Governors of the African Development Bank (AfDB) has foreclosed the possibility of reopening the probe of the bank’s President, Dr. Akinwumi Adesina. At a meeting on Thursday in Cote D’Ivoire, the body snubbed …
Read more »



Render Time: 2025-04-11 16:23:25