Top Nigerian Banker And AFDB President, Adesina Cleared After Corruption Probe


Top Nigerian Banker and President of the African Development Bank Group, Mr Akinwumi Adesina has been cleared of all corruption charges leveled against him the United States Treasury Department.

The U.S, one of the largest shareholders of the the African Development Bank is protesting Adesina’s re-election for a second term on the grounds of corruption, awarding contracts to friends and the appointment of his relatives into positions at the bank as told by whistleblowers.

The U.S insisted on an independent inquiry after the bank cleared Adesina following an internal inquiry.

Mr Adesina is the only candidate running for the slot of the AFDB president for another term in August following his election to the position in 2015.

Mr Adesina said the allegations are attempts to tarnish his image and his hard earned reputation.

The independent panel which included Ireland’s ex-President Mary Robinson, Gambian Chief Justice Hassan Jallow and Leonard McCarthy, formerly the World Bank’s integrity vice-president, sided with the bank’s ethics committee on their findings.

“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,” the panel wrote in a report on their findings after the probe.

Mr Adesina was a former Nigerian Agriculture Minister who has been praised by many for his achievements in the sector.


Please enter your comment!
Please enter your name here