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Top Nigerian banker Akinwumi Adesina cleared after corruption probe
Jul 28, 2020
The president of the African Development Bank (AfDB) has been cleared of corruption charges after a review by an independent panel.
The US, one of the bank's biggest shareholders, insisted on a new inquiry in April after an internal review cleared Akinwumi Adesina.
Whistleblowers had accused the Nigerian of giving contracts to friends and appointing relatives at the bank.
Mr Adesina is set to be re-elected for another five-year term in August.
Why the US is targeting a flamboyant Nigerian banker
The 60-year-old banker, a former minister of agriculture in Nigeria, will be the sole candidate in the election.
A charismatic speaker, who is known for his elegant suits and bow ties, he has led the bank since 2015.
He had denied accusations against him, saying they were "attempts by some to tarnish" his reputation.
Eight things about Akinwumi Adesina:
First Nigerian to lead AfDB Elected for five-year term in September 2015 Was Nigeria's agriculture minister from 2011 until his move Named Forbes Africa Person of the Year in 2013 for his "bold reforms" in farming sector Was told by an academic in Nigeria he would never get into Purdue University as his maths was poor Proved him wrong by getting into the prestigious US institution Cancelled his admission to UK's respected Cambridge University Got his PhD in agricultural economics in 1988
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