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WHISTLEBLOWER ALLEGATIONS: Adesina To Step Aside As AfDB President For New Probe Demanded By US
May 27, 2020
The board of the African Development Bank (AfDB) has concured with the United States' demand for an impartial, independent investigation of Akinwumi Adesina, its president.
This comes after Steven Mnuchin, US treasury secretary, rejected the investigation and report of the bank’s ethics board which absolved Adesina of allegations of favouritism.
Bloomberg reports that the board agreed to an in’dependent probe after “several foreign governments backed Mnuchin’s criticism of a bank-led examination into the allegations”.
Denmark, Sweden, Norway and Finland were reported to be among the countries that wrote to the AfDB board backing Mnuchin.
The newspaper also quotes its sources as saying Adesina may be required to step back from the role until the investigation is concluded.
In a May 22 letter and addressed to Niale Kaba, chairwoman of the bank’s board of governors, Mnuchin said the treasury disagrees with findings that “totally exonerated” Adesina.
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