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

  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…

Read More