Africa: U.S. Treasury Secretary Demands Independent Investigation of AfDB President

26 May 2020

United States Treasury Secretary, Mr. Steven Mnuchin, has canvassed an independent investigation into allegations of wrongdoing against the President of the African Development Bank (AfDB), Dr. Akinwumi Adesina, despite Adesina's clearance by the ethics committee of the bank.

The ethics committee headed by a Japanese Executive Director of the bank, Mr. Takuji Yano, had cleared Adesina of all allegations of impropriety and fraud levelled against him by a group that described itself as concerned staff of the bank.

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