African Development Bank officially releases communique clearing Akinwumi Adesina

The Bureau of the Boards of Governors of the African Development Bank on Wednesday officially released a communique clearing the bank’s president Akinwumi Adesina of any corruption allegations.

The Bureau of the Boards of Governors noted the conclusion of the high-level panel regarding the report of the ethics committee – that “The panel concurs with the committee in its findings in respect of all the allegations against the president and finds that they were properly considered and dismissed by the committe”.

The Bureau also noted the high-level panel’s conclusion regarding the submission of the president to the ethics committee – that “it has considered the president’s submissions on their face and finds them consistent with his innocence and to be persuasive”.

The Bureau expressed appreciation to all the governors for their support and patience during the process that was aimed at ensuring the integrity of the African Development Bank and its governance mechanisms.

It also commended the high-level panel for its work and for working tirelessly to ensure timely submission of its report.

Chief White House Correspondent for

Simon Ateba is Chief White House Correspondent for Today News Africa. Simon covers President Joe Biden, Vice President Kamala Harris, the U.S. government, the United Nations, the International Monetary Fund, the World Bank and other financial and international institutions in Washington D.C. and New York City.

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