FG Moves to Save Adesina’s Job, Rejects Fresh Investigation - THISDAYLIVE

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FG Moves to Save Adesina’s Job, Rejects Fresh Investigation - THISDAYLIVE
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FG Moves to Save Adesina’s Job, Rejects Fresh Investigation

The federal government has intervened to checkmate a plot by the United States and other non-African shareholders of the African Development Bank to deny the multilateral agency’s President, Mr. Adesina Akinwunmi, a tenure renewal.

The board of the bank has also clarified that Adesina has not been asked to step aside and dismissed reports of a governance crisis in AfDB. According to her, the federal government welcomes the conclusion of the Ethics Committee and the decision of the Chair of the Board of Governors that cleared Akinwunmi.

She added that the call for an “independent investigation” of Adesina is outside the laid-down rules, procedures and governing system of the bank and its articles as they relate to the Code of Conduct on Ethics for the president. According to the minister, Adesina has delivered impactful programmes and impressive results at the bank.

“The African Union has endorsed his candidacy for re-election, following his endorsement by the ECOWAS Heads of State and Governments,” the Nigerian minister stated even as she commended the action taken by the Chair of the bank’s board, who is also the Minister of Finance of Cote d’Ivoire.In his intervention, Obasanjo, in a letter to former African leaders proposed a joint press statement to support the laid-down procedures embarked upon to evaluate the allegations against Adesina.

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