The Independent Review Panel set up to investigate President of the African Development Bank (AfDB), Akinwunmi Adesina, has cleared him of all corruption allegations.
A group of whistleblowers had claimed that under his watch the bank had been tarred by poor governance, impunity, personal enrichment and favouritism.
The Independent Review Panel was then set up by the Bureau of Governors of the Bank, following a complaint by the United States, to review the process by which two previous organs of the Bank – the Ethics Committee of the Board, and the Bureau of the Board of Governors – had previously exonerated Adesina.
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, had been in the eye of the storm since April over allegations of impropriety leveled against him by some whistleblowers working in the bank.
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