JOHANNESBURG - The African Development Bank has appointed three eminent persons from Ireland, the Gambia and South Africa to a panel that will independently review whistleblower allegations against the bank’s president Akinwumi Adesina.
Adesina is seeking a second term at the helm of the continent’s biggest development finance institution and the African Union has endorsed his re-election. But some within the bank have accused him of preferential treatment for his home country Nigeria, nepotism and awarding of contracts of employment and procurement to his friends.
Adesina denied the allegations and the bank’s ethics committee cleared him but the United States, a shareholder that holds 6% voting rights in bank, questioned that decision. Now Robinson, Jallow and McCarthy are being trusted to review the bureau investigations and the governors have given them two to four weeks to report back.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: TheCitizen_News - 🏆 6. / 75 Read more »
WATCH: New flu virus has 'potential to become pandemic'Researchers are concerned that the strain could mutate further so that it can spread easily from person to person, and trigger a global outbreak.
Source: IOL - 🏆 46. / 51 Read more »
One killed in Pretoria helicopter crashOne person was killed when a helicopter crashed in northern Pretoria on Tuesday afternoon.
Source: SowetanLIVE - 🏆 13. / 63 Read more »
One killed in Pretoria helicopter crashOne person was killed when a helicopter crashed in northern Pretoria on Tuesday afternoon.
Source: TimesLIVE - 🏆 28. / 59 Read more »
Source: TheCitizen_News - 🏆 6. / 75 Read more »
ANC kickback allegations take centre stage at State Capture InquiryThe Zondo commission into State Capture has heard about claims that the ANC may have benefitted from an irregular tender awarded by the Passenger Rail Agency of South Africa (Prasa) in 2013.
Source: IOL - 🏆 46. / 51 Read more »