Embattled President of African Development Bank, Akinwumi Adesina Cleared at Last

This is probably the longest five months in the life of Dr. Akinwumi Adesina, President of the African Development Bank who in February was accused of impropriety by a group of whistle blowers. The accusations led to an enquiry by the Board of the AfDB in which he was earlier cleared, but the United States leading the Nordic countries refused the outcome of that enquiry leading to controversies and demand for an independent enquiry.

Akinwumi Adesina
Dr. Akinwumi Adesina, President of the African Development Bank

 A panel of independent panel of experts, headed by former Irish president Mary Robinson was then set up last month to evaluate the earlier findings of the Board, and yesterday, they made public their findings, clearing the beleaguered leader of the African Bank of Development (AfDB) of any form of corruption.

Akinwumi Adesina, 60, a charismatic speaker known for his elegant suits and bow ties, became the first Nigerian to helm the AfDB in 2015 — but a 15-page report earlier this year claimed that under his watch the bank had been tarred by poor governance, impunity, personal enrichment and favouritism.

The panel of three experts, led by Robinson alongside Gambia’s Chief Justice Hassan Jallow and the World Bank’s integrity vice president Leonard McCarthy, cleared Adesina of all charges alleged by whistleblowers.

“The Panel concurs with the Committee in its findings in respect of all the allegations against the President and finds that they were properly considered and dismissed by the Committee,” Monday’s report concluded.

Read also : https://afrikanheroes.com/2020/04/15/akinwumi-adesina-on-the-hot-seat-over-breach-of-banks-code-of-ethics/

The African banking institution and Adesina — who is the sole candidate for the bank’s August’s presidential elections — has been battered by the rollercoaster of allegations after the whistleblowers’ complaints were leaked to the media in April.

The former Nigerian finance minister had always stated he was “innocent” of the charges.

Robinson — who led Ireland from 1990 to 1997 before serving as the United Nations High Commissioner for Human Rights until 2002 — dismissed the 16 whistleblower allegations against Adesina.

The panel did not investigate the charges themselves, as that was not within their mandate.

Read also :https://afrikanheroes.com/2020/04/09/in-defense-of-a-pan-africanist-dr-akinwumi-adesina-by-ken-giami/

The AfDB plays an important if largely behind-the-scenes role in African economies, financing projects in agriculture, health, energy, education, transport and other development sectors.

Kelechi Deca

Kelechi Deca has over two decades of media experience, he has traveled to over 77 countries reporting on multilateral development institutions, international business, trade, travels, culture, and diplomacy. He is also a petrol head with in-depth knowledge of automobiles and the auto industry