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
Preliminary Voter Register
FEATURED11 hours ago

Controversy Trails 2027 Election Dates During Ramadan as INEC Confirms February 20, 2027, for Presidential Polls and March 6 for Gubernatorial Elections

FEATURED12 hours ago

Delta Awards Scholarship to Children of Deceased Civil Servants as Oborevwori Approves 2025 Bursary for Students

FEATURED13 hours ago

Nigeria Secures Permanent Seat on the Board of African Central Bank

FEATURED15 hours ago

EFCC Boss Raises Alarm Over Decline in Whistleblowing as Nigeria Misses Out on Billions in Corruption Fight

Obanikoro
FEATURED17 hours ago

I’ll Spill More Beans, Expose Atiku’s Plots – Fayose Threatens, Gives 48hrs Ultimatum Over Minna Meeting’s Rebuttal

FEATURED22 hours ago

Gov. Oborevwori Disburses Over N100bn to Higher Institutions as Student Enrolment Skyrockets in Delta

FEATURED1 day ago

Nigerian Army Arrests, Disowns ‘Alhaji’ Who Posed as Retired Army General

Fubara
FEATURED1 day ago

Fubara Dissolves EXCO Amid Political Reconciliation Post-Meeting with Tinubu, Wike

FEATURED1 day ago

Isoko North Chairman Calls for collaboration Between Security Forces, Meets Army Chief

FEATURED1 day ago

Yahaya Bello: How N2.1b Loan was Repaid with Funds from Kogi State LGAs – Witness Narrates  

NEWS1 day ago

Waive Congratulates Oborevwori on Leadership, New Telegraph Awards

FEATURED1 day ago

Oborevwori Bags New Telegraph, LEADERSHIP Awards for Impactful Governance and People-focused Policies

FEATURED2 days ago

One Officer Killed as NDLEA Arrests 6 Suspects in Bloody Bonny Island Raid

Delta Politician
NEWS2 days ago

NUJ Warri Hails Delta Govt on Road Infrastructure, Calls for Healthcare, Electoral Reforms

METRO2 days ago

Court Rules 2 Chinese to Serve 46 Years Each for N3.4bn, $2.5m Cyberterrorism, Fraud in Nigeria

Advertisement
Advertisement

z