23.5 C
Lagos
Thursday, July 7, 2022

60-YEAR-OLD AKINWUMI ADESINA RETURNS AS AFDB PRESIDENT

Date:

60-YEAR-OLD AKINWUMI ADESINA RETURNS AS AFDB PRESIDENT

African Development Bank president, AFDB, Akinwumi Adesina, has been reelected.

Adesina, who returned unopposed, formally requested for a second term as AfDB president, saying he was “doing it with an acute sense of duty and commitment. I do it to serve Africa and our bank, in an unbiased way, to the best of the abilities that God has given me.”

Adesina was cleared of controversial corruption charges after facing questions from a panel on the affairs of AfDB.

An independent panel of experts, headed by former Irish president Mary Robinson, has cleared the beleaguered leader of the African Bank of Development (AfDB) of corruption, according to a report obtained by AFP.

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.

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.

@ Vanguard Newspaper

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

spot_imgspot_img

Popular

More like this
Related

Lennon Adanaa Philemon; The Most valuable Outstanding Promising Entrepreneur of Real Estate

The biggest youth event in Nigeria the 11th young...

Institute of Stockbrokers elect first Female Principal Officer

History has been made at Chartered Institute of Stockbrokers...

The 11th Young Achievers Nigeria award

His Here again... The youth o'clock award. The biggest, the...

Unveiling of Manuals: Buhari Commends Bawa, Urges Other Agencies to Emulate EFCC

President Muhammadu Buhari today Friday March 25, 2022, commended...