By Ishioma Emi
After much pressure and criticism from international partners against its rulings, the Office of the Board of Governors of the African Development Bank (AfDB) recently approved the use of an independent investigation to look into the allegations of whistle blowers regarding the governance of Akinwumi Adesina.
This came after the United States (U.S.) Treasury mounted pressure on the bank, to do a fresh and detailed private investigation of the corruption charges leveled against Adesina. The bank’s ethics committee had earlier exonerated Adesina from allegations of wrongdoing raised by “whistle-blowers” in the AfDB.
The U.S. government expressed its deep reservation concerning the integrity of the Committee’s process. In a letter signed by the secretary of the treasury, Steven Mnuchin on May 22, 2020, the American government stated fears that the “wholesale dismissal of all allegations without appropriate investigation will tarnish the reputation of this institution as one that does not uphold high standards of ethics and governance.”
The letter was addressed to Niale Kaba, the Chair of the Bureau of the Boards of Governors of the AfDB, who is also Ivory Coast’s Finance Minister. The US stance was firmly supported by Norway, Denmark, Sweden, and Finland.
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Source:: Ventures Africa