Day: May 27, 2020

How AfDB carved in for US pressure, began independent probe of Adesina

Fateemah Olonade

  The board of the African Development Bank (AfDB) has agreed for an independent investigation of Akinwumi Adesina, its president. This comes after Steven Mnuchin, US treasury secretary, rejected the investigation and report of the bank’s ethics board which absolved Adesina of allegations of favouritism. Bloomberg reports that the board agreed to an in’dependent probe after “several foreign governments backed Mnuchin’s criticism of a bank-led examination into the allegations”. Denmark, Sweden, Norway and Finland were reported to be among the countries that wrote to the AfDB board backing Mnuchin. The…

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Trouble over Beninoise businessman’s mysterious death In Nigeria’s EFCC custody

Efe Wellington

Authorities believed he was faking sickness that eventually killed him – source Withold burial announcement to family one week after A diplomatic row is looming between Nigeria and Republic of Benin over the mysterious death of a Beninoise businessman, Jean Codo, in the custody of the Nigeria’s Economic and Financial Crimes Commission (EFCC). The Beninoise businessman, who was arrested and detained over an alleged €29 million scam, informed the EFCC of his failing health before his death, a Lagos-based news medium reported quoting a source, and adding; “but the agency…

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Faceoff looms as Nigeria’s Governors meet over Buhari’s financial autonomy for Legislature, Judiciary

Efe Wellington

  The Nigeria Governors’ Forum will on Wednesday, meet to discuss the issue of financial autonomy for the states’ judiciary and legislature, code-named the Executive Order 10, 2020. A statement issued by Mr Abdulrazaque Bello-Barkindo, Head, Media and Public Affairs, NGF, on Tuesday in Abuja indicated that the consultation would be the 9th in the series of teleconference meeting held by the governors since the lockdown, occasioned by the outbreak of COVID-19. President Muhammadu Buhari, on Friday, signed into law, an Executive Order, granting financial autonomy to the legislative and…

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