News Special Report
JUST IN: Adesina steps aside as Af Development Bank president for fresh probe
chuks oti
May 27, 2020
Dr. Akinwumi Adesina is expected to step back as the president of African Development Bank after the board supported an independent probe as requested by the U.S.
The U.S. treasury secretary, Steven Mnuchin rejected an internal investigation that cleared Adesina of allegations of favouritism.
READ ALSO: Mother's Day: Abia Government Liaison Officer Honours Women, Says Mothers Shape Future Leaders
Bloomberg, quoting two persons familiar with deliberations on the matter reported that Africa's largest multilateral lender decided on the inquiry after several governments backed Mnuchin.
Denmark, Sweden, Norway and Finland are among countries that wrote to the AfDB to back Mnuchin's demands for professional outsiders to look into the allegations, sources told Bloomberg.
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