President of the African Development Bank (AfDB), Akinwumi Adesina, still has another big hurdle to cross in his bid for re-election into office.
Despite being cleared of all allegations of impropriety and fraud by a board of directors, the President of the, Akinwumi Adesina, still has another big hurdle to cross in his bid for re-election into office.
Mr Yano is a Japanese executive director charged with the responsibility of investigating allegations by some concerned employees against the official. Jeune Afrique, which said in a report that it saw the board’s letter that exonerated Mr Adesina, quoted the chair of the board of governors, Niale Kaba, as saying the committee proposed “to adopt the conclusions of the investigation” after due consultations.Regardless, the United States government expressed “deep reservations about the integrity of the committee’s process” and called for a fresh “in-depth investigation of the allegations.
“The allegations set out in the whistleblowers’ complaints submitted on January 19, 2020 raised significant issues that all relevant governing bodies of the Bank must handle with the utmost care, using all tools available to them. “This is a serious risk when we need strong confidence in the AfDB to play an influential role in the current global economic and health crisis, and when many shareholders are seeking legislative support for payments under the recently-concluded General Capital Increase.
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