President Muhammadu Buhari on Tuesday June 2, met with embattled President of African Development Bank (AfDB), Akinwumi Adesina at the presidential villa in Abuja. The meeting is coming in the wake of the crisis rocking the AfDB following allegation of corruption against Adesina. LIB reported earlier that the crisis is centered on US’ rejection of exoneration of Adesina by the ethics committee of AfDB. However some African leaders who reacted to US Government’s stance on the issue, accused the …
Tag: Akinwumi
The Federal Government of Nigeria has thrown its weight behind the President of the African Development Bank (AfDB) Dr. Akinwumi Adesina, following calls by the United States of America for an independent investigation against him. Recall that while Adesina was cleared of allegations of embezzlement, preferential treatment of Nigerians in senior appointments and promoting people accused or found guilty of fraud and corruption by an ethics committee of the bank, US Treasury Department dismissed it and also wrote a letter urging …
Former President Olusegun Obasanjo has lashed out at the United States Government over calls for independent investigation of the President of the African Development Bank, Akinwumi Adesina. Adesina has been accused of embezzlement, preferential treatment of Nigerians in senior appointments and promoting people accused or found guilty of fraud and corruption, an allegation he has repeatedly denied. Obasanjo in his letter urged Kaba Niale, the chairman of the AfDB board of governors to follow laid down processes to protect and preserve the bank. …