A resolution of the Board of Governors of the bank authorises the ethics committee to dismiss a petition if its preliminary examination reveals the
The Ethics Committee of the Board of Directors of the African Development Bank acted in line with established rules in clearing the president of the bank, Akinwunmi Adesina, of allegations of impropriety and fraud, PREMIUM TIMES findings have shown.The committee, headed by Takuji Yano, the institution’s Japan Executive Director, investigated the allegations and in its report on May 5 cleared Mr Adesina of all the 16 counts.
The resolution also gave the conditions under which the Committee should make a submission to the Board of Governors after its preliminary examination. A copy of the mail was sent to the Director of the Integrity & Anti-Corruption office of the Bank, the Chairperson of the Audit and Finance Committee .But, to determine which, between the Audit and Finance Committee of the Board and the Director of the Integrity and Anti-corruption Office , had the legal mandate to handle the complaint, a restricted meeting of the Board was held.
The following day, the Committee at an informal meeting conducted a point-by-point examination of all the allegations to confirm their substantive validity. On February 14, the Committee sent an email to the petitioners to request additional information to sustain their allegations. However, the Committee decided to ignore the letters on the ground that Mr Adesina did not inform it the letters were from his legal representative.
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