Connect with us

Headlines

U.S. Insists on Fresh Investigation into Allegations Against AfDB’s Adesina

Published

on

Despite being cleared of all allegations of impropriety and fraud by a board of directors, the President of the African Development Bank (AfDB), Akinwumi Adesina, still has another big hurdle to cross in his bid for re-election into office.

The United States government has demanded that a fresh and in-depth investigation be conducted into the allegations against Mr Adesina using an independent investigator.

On May 5, the ethics committee of the board of directors of the continental bank, headed by Takuji Yano, said in its report that Mr Adesina was not guilty on all counts.

Mr Yano is a Japanese executive director charged with the responsibility of investigating allegations by some concerned employees against the official.

The committee described the allegations that he (Mr Adesina) violated the code of conduct of the institution as “spurious and unfounded”.

In its petition, the concerned staff accused Mr Adesina of 20 breaches of the bank’s code of conduct, including “unethical conduct, private gain, an impediment to efficiency, preferential treatment, and involvement in political activities.”

The group, which noted their allegations were in line with AfDB’s whistle-blowing policy, said these activities adversely affected the confidence and integrity of the bank.

Jeune Afrique, which said in a report that it saw the board’s letter that exonerated Mr Adesina, quoted the chair of the board of governors, Niale Kaba, as saying the committee proposed “to adopt the conclusions of the investigation” after due consultations.

Regardless, the United States government expressed “deep reservations about the integrity of the committee’s process” and called for a fresh “in-depth investigation of the allegations.”

In a letter dated May 22, 2020 to Ms Kaba, the U.S. government, through the Secretary, Department of Treasury in Washington, D.C., faulted the decision of the committee to totally exonerate Mr Adesina of all allegations, saying it was not yet time to make such a declaration.

Excerpts of the letter signed by Steven Mnuchin is reproduced below:

“We have deep reservations about the integrity of the Committee’s process. Instead, we urge you to initiate an in-depth investigation of the allegations using the services of an independent outside investigator of high professional standing.

“We emphasise that undertaking an independent evaluation of facts, at any stage, is not at odds with a presumption of innocence.

“The allegations set out in the whistleblowers’ complaints submitted on January 19, 2020 raised significant issues that all relevant governing bodies of the Bank must handle with the utmost care, using all tools available to them.

“Had the Ethics Committee undertaken a proper preliminary examination that was in line with the Board of Governors Resolution B/BG/2008/11, standard practices at other international financial institutions, and the Bank’s own rules and procedures, it would have reviewed available facts that could be gathered by external counsel and found in internal Bank records.

“We fear that wholesale dismissal of all allegations without appropriate investigation will tarnish the reputation of this institution as one that does not uphold high standards of ethics and governance.

“This is a serious risk when we need strong confidence in the AfDB to play an influential role in the current global economic and health crisis, and when many shareholders are seeking legislative support for payments under the recently-concluded General Capital Increase.

“Therefore, the United States cannot support dismissing the allegations at this stage. We believe the Board of Governors must demonstrate that this institution takes governance, anti-corruption, and transparency seriously.

“We thus request that you take steps to initiate an impartial, independent investigation into these allegations. Whatever the outcome, the AfDB will emerge stronger for having taken seriously its obligations to uphold good governance.

“The United States sincerely wishes the AfDB to remain a high-quality institution with the capability to address the needs of the African continent, particularly at this critical time.

“Considering the scope, seriousness, and detail of these allegations against the sole candidate for Bank leadership over the next five years, we believe that further inquiry is necessary to ensure the AfDB’s President has broad support, confidence, and a clear mandate from shareholders.”

Premium Times

Continue Reading
Advertisement


Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Headlines

Ibas Appoints Administrators for Rivers LGs, Reconstitutes Boards (Full List)

Published

on

The Retired Vice Admiral Ibok-Ete Ibas-led Rivers State Government has announced the appointment of Administrators for the 23 Local Government Areas (LGAs) in the state.

The decision, approved by the Administrator also includes the reconstitution of some Boards of Agencies, Commissions, and Parastatals that had earlier been suspended.

According to the statement by the Secretary to the State Government, Professor Ibibia Worika, the appointments are to take effect from Monday, April 7, 2025.

The administrators for the 23 Local Government Areas of Rivers State include:

1. Mr Okroiyobi Animiete – Abua/Odual LGA
2. Mr Goodluck M. Ihenacho – Ahoada East LGA
3. Mr Promise Jacob – Ahoada West LGA
4. Dr Tamunotonye Peters – Akuku Toru LGA
5. Surveyor Atajit Francis – Andoni LGA
6. Barrister Ibiapuve Charles – Asari Toru LGA
7. Mr Kingsley N. Banigo – Bonny LGA
8. Dr Sokari Ibifuro Francis – Degema LGA
9. Dr Gloria Obo Dibiah – Eleme LGA
10. Barr Franklin P. Ajinwon – Emohua LGA
11. Dr Onyemachi S. Nwankwor – Etche LGA
12. Prof. Gospel G. Kpee – Gokana LGA
13. Mr Isaiah Christian Nobuawu – Ikwerre LGA
14. Dr Barinedum Nwibere – Khana LGA
15. Dr Clifford Ndu Walter – Obio Akpor LGA
16. Dr Chukwuma Aje – Ogba/Egbema/Ndoni LGA
17. Eliel Owubokiri – Ogu/Bolo LGA
18. Mr Thompson Isodiki – Okrika LGA
19. Manager Ikechi Wala – Omuma LGA
20. Mr Fred Apiafi – Opobo /Nkoro LGA
21. Eletuuo Ihianacho – Oyigbo LGA
22. Dr Sam Kalagbor – Port Harcourt LGA
23. Mr Nuka O. S. Gbipah – Tai LGA

The following have also been appointed as Chairman and members of the Rivers State Electoral Commission:

1. Dr Micheal Ekpai Odey – Chairman
2. Mr Lezaasi Lenee Torbira – Member
3. Prof Author Nwafor – Member
4. Prof Godfrey Woke Mbgudiogha – Member
5. Prof Joyce Akaninwor – Member
6. Dr Olive A. Bruce – Member
7. .Prof Chidi Halliday – Member

This followed the judgment of the apex court, which declared the LG election conducted in the state on October 5, 2024, as invalid.

This development comes just hours after a Federal High Court in Port Harcourt scheduled April 14, 2025, to hear a suit filed by human rights lawyer, Courage Nsirimovu of Pilex Centre for Civic Education Initiative.

Nsirimovu is seeking to halt the appointment of LG Administrators in the state.

Justice Adamu Mohammed, presiding over the matter did not issue an explicit restraining order, instead directed that the Administrator of Rivers State be put on notice to appear and show cause why the request to stop the appointments should not be granted.

“I am of the view that it will serve the interest of justice to order the application to put the respondent on notice to appear and show cause why the application (to stop the appointment administrators in the 23 LGAs) should not be granted,” the judge stated.

Channels TV

Continue Reading

Headlines

Elon Musk Threatens Financiers of Attacks Against Tesla with Prison

Published

on

Tesla CEO, Elon Musk, has vowed that those who financed the attacks against Tesla will go to prison.

Last month, multiple Tesla vehicles were set ablaze in Las Vegas.

Musk condemned the act, calling it an “evil attack.”

Eventually, U.S. Attorney General Pam Bondi announced charges against three people responsible for setting Tesla properties on fire in Las Vegas.

Bondi described the violent attacks on Tesla property as “nothing short of domestic terrorism.”

However, several weeks after the incident, Musk revealed in a tweet on X that those who financed the attacks against Tesla will go to jail.

“Those who financed the attacks against Tesla will go to prison,” Musk tweeted on Tuesday.

Continue Reading

Headlines

Arsenal Demolish Real Madrid in Three Goals Champions League Q/Final Thriller

Published

on

Arsenal stormed to a stunning 3-0 win over Champions League holders Real Madrid as Declan Rice’s free-kick masterclass left the Gunners within touching distance of a place in the semi-finals.

Rice scored two majestic free kicks in the second half of the quarter-final first leg at the Emirates Stadium.

Mikel Merino added Arsenal’s third goal before Real’s Eduardo Camavinga was sent off for kicking the ball away in the closing minutes to leave the Spanish giants in disarray.

The brilliance of Rice’s brace cannot be understated, with even Real keeper Thibaut Courtois — usually so inspired on Champions League nights — unable to get anywhere near the England mid-fielder’s thunderbolts.

Incredibly, Rice had never scored a free-kick in his career before the first of his missiles hit the back of the Real net.

It was no more than Arsenal deserved for a mature performance that exposed injury-hit Real in ruthless style.

Mikel Arteta’s men will travel to the Bernabeu for the second leg on April 16 as firm favourites to advance to a semi-final tie against Paris Saint-Germain or Aston Villa, who meet in their quarter-final first leg on Wednesday.

The Gunners have not reached the Champions League semi-finals since 2009, but that target is now within their grasp after an evening that will go down as one of the most memorable in the club’s storied history.

Arteta had labelled the clash with Real as the “biggest night” of his career as he urged his players to write their own history by winning Arsenal’s first Champions League crown.

They rose to the challenge so successfully that even Arteta might have been surprised.

Arsenal trail Premier League leaders Liverpool by 11 points and look destined to finish as runners-up for a third successive season.

But the Champions League now offers Arteta genuine hope of a first major trophy since the 2020 FA Cup, providing they can finish the job in Madrid next week.

Beaten by Bayern Munich in the quarter-finals last season, Arsenal’s only Champions League final appearance ended in defeat against Barcelona in 2006 — a run that included a last 16 victory over Real.

For Real, it was a chastening defeat as the 15-time European champions were punished for the flaws that had already seen them beaten 10 times in all competitions this term as they lag four points behind La Liga leaders Barcelona.

Jude Bellingham was largely anonymous and Kylian Mbappe and Vinicius Junior posed only sporadic threats after a promising start.

Vinicius Junior threatened in the opening stages, curling wide after Mbappe picked him out inside the Arsenal area.

Mbappe’s electric pace took him clear of the Arsenal defence in another lightning raid, but the France star shot straight at David Raya.

Arsenal showed no signs of being cowed by Real’s star-studded attack and Rice’s towering header from Jurrien Timber’s cross forced a fine save from Thibaut Courtois, who scrambed across to keep out Gabriel Martinelli’s effort from the rebound.

Mbappe lashed into the side-netting from an acute angle, but Real were unable to match Arsenal’s intensity in the second half and the Gunners deservedly took the lead in the 58th minute.

Rice stepped up 25 yards from goal and whipped a sublime free-kick around the Real wall and into the far corner.

It was a stunning strike that even former Real defender and set-piece maestro Roberto Carlos, watching from the Emirates stands, would have been proud of.

Arsenal almost struck again in a remarkable sequence that saw Courtois save Martinelli’s blast before Merino’s shot from the rebound was hacked off the line by David Alaba and Courtois again denied Merino.

Real were on the ropes and Rice landed another devastating blow in the 70th minute, lashing an unstoppable free-kick into the top corner from 20 yards as Courtois grasped at thin air.

As the ecstatic Arsenal fans roared “Declan Rice, we got him half praise”, that reference to his £105 million fee didn’t seem like hyperbole for once.

Arsenal weren’t finished yet and Merino put Arsenal in dreamland five minutes later with a clinical finish from 12 yards as the Emirates turned into a roiling red sea of celebration.

AFP

Continue Reading