Share

Independent experts clear African Development Bank chief of corruption

accreditation
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
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
  • An independent panel has cleared AfDB leader Akinwumi Adesina of corruption.
  • Adesina is the sole candidate for the bank's August presidential elections. 
  • The panel did not investigate the charges themselves.


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.

We live in a world where facts and fiction get blurred
Who we choose to trust can have a profound impact on our lives. Join thousands of devoted South Africans who look to News24 to bring them news they can trust every day. As we celebrate 25 years, become a News24 subscriber as we strive to keep you informed, inspired and empowered.
Join News24 today
heading
description
username
Show Comments ()
Rand - Dollar
18.43
-0.4%
Rand - Pound
23.18
-0.5%
Rand - Euro
19.93
-0.6%
Rand - Aus dollar
12.21
-0.6%
Rand - Yen
0.12
-0.2%
Platinum
1,023.45
+2.3%
Palladium
980.76
+1.7%
Gold
2,349.99
+0.6%
Silver
28.38
+0.6%
Brent Crude
83.36
+0.7%
Top 40
72,599
+0.3%
All Share
78,835
+0.2%
Resource 10
62,339
-0.7%
Industrial 25
110,927
+1.5%
Financial 15
16,890
-0.8%
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot
Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on News24.

LEARN MORE
Government tenders

Find public sector tender opportunities in South Africa here.

Government tenders
This portal provides access to information on all tenders made by all public sector organisations in all spheres of government.
Browse tenders