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AKINWUMI ADESINA
In taking the decision, the Bureau agreed that AfDB's ethics committee performed its role on this matter.
Akinwumi Adesina has denied allegations made against him by a group of whistleblowers describing them as frivolous and not based on solid facts.
"The Bureau of the board of governors informs the public that it has not taken any decision. Everyone must allow the Bureau to do its work and allow due process to reign."
“I maintain my innocence with regard to trumped-up allegations that unjustly seek to impugn my honor and integrity, as well as the reputation of the African Development Bank." -Adesina
The U.S Government, in its letter AfDB's board of directors, appeared convinced that the ethics committee of the bank did not do a proper preliminary investigation.
There were allegations of a certain number of appointments and departures deemed questionable and several contracts approved under Adesina’s leadership which were in violation of the bank’s statutory and ethical rules.
The AfDB has announced the provision of a $10 billion COVID-19 Response Facility for Nigeria and other regional member countries to help fight the coronavirus pandemic.
The African Development Bank (AfDB) has launched the largest social bond to be issued in the capital market.
Tony O. Elumelu, CON, has congratulated AfDB and its President, Akinwumi Adesina, on their commitment to African entrepreneurship.
Akinwumi Adesina has urged African countries to ensure inclusive growth that will affect the lives of the citizens of the continent.
About $600 million has been invested by the African Development Bank (AfDB) in Africa for the development of renewable energy in the continent.
AfDB has developed the Women’s Financing Index to track African countries that give women priority in loan disbursement.