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.
The panel did not investigate the charges themselves, as that was not within their mandate.
The AfDB plays an important if largely behind-the-scenes role in African economies, financing projects in agriculture, health, energy, education, transport and other development sectors.
Meanwhile President Muhammadu Buhari has felicitated with President of African Development Bank (AfDB), Dr Akinwunmi Adesina, on his re-election for a second term in office.
In a statement by the Special Adviser to the President on Media and Publicity, Femi Adesina ,Buhari said, ” News of the victory came during the Council of State meeting, which was attended by former heads of state, Senate President, governors, some.”
“As Secretary to Government of the Federation, Mr Boss Mustapha, announced the good news, President Buhari led a round of applause, and declared: “He deserves it.”
The President extends appreciation to the African Union for its endorsement of the AfDB President much earlier, and to shareholders of the bank who worked tirelessly to ensure the return of the visionary leader.
President Buhari believes Dr Adesina’s versatility, experience at both national and international engagements, will be further deployed to energize the pan-African financial institution, urging him to remain focused and steadfast in pursuing the noble goals of making life better for Africans through various development plans, already captured as High 5s.
The President rejoices with family, friends and professional colleagues of Dr Adesina over the re-election, while commending members of staff and Board of Governors of the AfDB for their consistent support for the former Nigerian Minister of Agriculture and Rural Development, and his management team.
While pledging full support of his government to ensure a successful tenure for the AfDB leadership, President Buhari prays that the Almighty God will continue to strengthen Dr Adesina and his team for greater good to the continent.
