African Development Bank bows to U.S., authorises independent probe of Akinwumi Adesina
The Bureau of Board of Governors of the African Development Bank Group has approved an independent investigation of the allegations against the President of the Bank, Akinwumi Adesina. The decision, taken at the meeting of the Bureau Thursday regarding the whistle-blowers’ complaints against Mr Adesina, is in deference to the demand by the U.S. government that a fresh and in-depth investigation be conducted into the allegations against Mr Adesina using an independent investigator. On May 5, the ethics committee of the continental bank, headed by Takuji Yano, said in its report that Mr Adesina was not guilty on all counts. Mr Yano is a Japanese executive director charged with the responsibility of investigating allegations by some concerned employees against the Bank’s president. The committee described the allegations that Mr Adesina violated the code of conduct of the institution as “spurious and unfounded”. Regardless, the United States government expressed “deep reservations about t...