The Bureau of the Board of Governors of the African Development Bank (AfDB), comprising of Finance Ministers from all 81 shareholding countries has upheld the conclusions of the Ethics Committee of the Bank in favour of Akinwumi Adesina.
Following its June 4th meeting, the Board reiterated its agreement with the Bank's Ethics Committee report in accordance with the applicable rule under resolution B/BG/2008/11 of the Board of Governors, adding that its Chairperson, Ms. Niale Kaba performed her role in also accepting the findings of the Ethics Committee in accordance with the said resolution.
According to the Board, an Independent reviewer will nonetheless review the process by which the Ethics Committee of the Board and the Bureau of the Board of Governors came to its rulings.
This will be followed closely by an independent and comprehensive review of the Bank's Whistle-blowing and Complaints Handling Policy.
As stated by the Board, the Bank's whistleblowers in contravention of bank rules, regulations and laws provided not a single piece of evidence compared to 250 pages of official supporting documentation by Adesina. The whistle-blowing policy review is therefore aimed at ensuring that the policy is properly implemented, and revised where necessary to avoid situations of this nature in the future.
In the words of the board, it is to ensure that "something like this never happens again".