Connect with us

BUSINESS

Adesina To Face Another Independent Probe From AfBD Board Of Governors

Published

on

The Bureau of the Board of Governors of the African Development Bank, AfBD, has authorized an independent probe into allegations of misconduct leveled against its President, Akinwunmi Adesina.

The decision which was contained in a communique issued on Thursday in Abidjan, Côte d’Ivoire, regarding the whistle-blowers’ complaint against the President of the Bank.

BIGPEN recalls that the United States government had also demanded that a fresh and in-depth investigation, using independent investigator be conducted on the allegations against the bank’s Chief Executive Officer.

The Ethics Committee of the Boards of Directors of the bank had earlier cleared and given Adesina a clean bill of health from all the allegations.

The board, in the communique said that it agreed to authorize an Independent Review of the Report of the Ethics Committee of the Boards of Directors relative to the allegations considered by the Ethics Committee

“The Bureau reiterates that it agrees that the Ethics Committee of the Boards of Directors performed its role on this matter in accordance with the applicable rule under Resolution B/BG/2008/11 of the Board of Governors.

Advertisement

“The Bureau also reiterates that the Chairperson of the Bureau of the Board of Governors performed her role in accepting the findings of the Ethics Committee in accordance with the said Resolution.

“However, based on the views of some Governors on the matter and the need to carry every Governor along in resolving it, the Bureau agrees to authorize an Independent Review of the Report of the Ethics Committee of the Boards of Directors relative to the allegations considered by the Ethics Committee and the submissions made by the President of the Bank Group thereto in the interest of due process.

“The Independent Review shall be conducted by a neutral high caliber individual with unquestionable experience, high international reputation and integrity within a short time period of not more than two to four weeks maximum, taking the Bank Group’s electoral calendar into account.

“The Bureau agrees that, within a three to six month period and following the independent review of the Ethics Committee Report, an independent comprehensive review of the implementation of the Bank Group’s Whistle-Blowing and Complaints Handling Policy should be conducted with a view to ensuring that the Policy is properly implemented, and revising it where necessary, to avoid situations of this nature in the future”.

Continue Reading
Advertisement
Click to comment
COMMUNITY REPORT3 hours ago

Oborevwori Sets Sights on 2027, Delivering Massive Projects to Outshine Opposition in Delta

FEATURED22 hours ago

Excitement Booms in Warri, Effurun as Oborevwori’s Legacy Enerhen, DSC Flyovers Reach Completion Milestone

FEATURED1 day ago

Tinubu Posts Fani-Kayode to Germany, Omokri to Mexico, Other 63 Ambassadors-designate to Various Countries

Mele Kyari
FEATURED1 day ago

Senate Probes Kyari, Ajia, Bala Wunti Over Alleged N210trn Missing Funds, N5bn NNPC Transition Expenses

FEATURED2 days ago

Alleged N1.18b Financial Misconduct: Assembly Begins Impeachment Processing Against Deputy Gov.

social media
FEATURED2 days ago

‎ ‎2027: Why Technical Committee on Anioma State Creation Is Pushing Delta North to Reelect Sen. Nwoko ‎

FEATURED2 days ago

Tinubu Halts Keyamo’s Policy on Cashless Operation By FAAN Over Airport Traffic Chaos  

COMMUNITY REPORT3 days ago

Oborevwori Sets to Inaugurate Oko-Amakom/Oko-Obiokpu Road Project

FEATURED3 days ago

EFCC Presents Two Witnesses Against Defendant in Alleged N19m Land Fraud in Lagos

social media
OPINION4 days ago

MY EMOTIONAL ENCOUNTER WITH SENATOR NWOKO THAT CHANGED MY PERCEPTION, BY CHIDI CHUKWUTEM

FEATURED4 days ago

Why Omo-Agege, Nwoko, Ibori’s Daughter Shunned Delta APC Congress as Former PDP Chair, Arenyeka Emerges APC State Chairman

Akpeki
FEATURED4 days ago

APC Chieftain Pushes for Zoning of State Chairmanship Slot to Delta North

NEWS5 days ago

Residents Demand Stricter Safety Measures After Pupil Dies In Uvwie Construction Accident

FEATURED6 days ago

Oborevwori Inaugurates Projects at Southern Delta University as 1,231 Students Graduate

FEATURED7 days ago

Senator Nwoko Mourns Delta Ex-Deputy Governor, Benjamin Elue

Advertisement
Advertisement

z