The House of Representatives has urged the Board of African Development Bank (AfDB) to halt further harassment of the bank’s President,..
The House of Representatives has urged the Board of African Development Bank to halt further harassment of the bank’s President, Dr Akinwumi Adesina.
Elumelu said that in 1964 the agreement came into force with a mission of fighting poverty and improving standard of living on the African continent. “Recently a group of whistleblowers petitioned Dr Adesina, accusing him of 16 breaches of the bank’s code of conduct, some of which include private gains, impediments to efficiency, preferential treatment and involvement in political activities, which he has continued to deny.
The lawmaker said Mnuchin called for an independent investigation into the allegations against Adesina, whose tenure was due for renewal, given the fact that he was the only contender to the office. “If this sort of witch hunt and unnecessary harassment is not put to check and discouraged, it may become a recurring decimal thereby destabilising the stability the bank has enjoyed for decades and the intended results on a steady decrease,” he said.
According to him, soon, Africa will begin to produce locally most of all she imports and this is not going down well with many Western powers.
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