AFDB Scandal: Why Adesina may be re-elected as President amid corrupt allegations

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President of the African Development Bank, AFDB, Akinwumi Adesina is most likely to be re-elected despite growing allegations of corruption stacked against him. DAILY POST recalls that recently there has been an avalanche of controversy impeaching the integrity of Adesina on weighty allegations of corruption. Some of the allegations leveled against the embattled AFDB president

President of the African Development Bank, AFDB, Akinwumi Adesina is most likely to be re-elected despite growing allegations of corruption stacked against him.

But the AFDB Ethics committee that swung into action to unravel the truth or otherwise of the allegations had come out with certain findings that allegedly absolves Adesina of any culpability. Besides, the whistleblowers did not provide additional evidence, facts and documents as expressly required by the panel.

Despite odds, however, some of Adesina’s accomplishments are said to be the securing of a $1115 billion General Capital Increase, the largest ever in the history of the bank, and leading the bank to develop $10 billion Crisis Response Facility for Africa in the fight against COVID-19 pandemic.

 

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