• Privacy Policy
  • Terms
  • About us
  • Contact Us
Monday, May 16, 2022
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Special News
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Special News
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home Economy

Adesina, AfDB President finally defeats whistle-blowers

The Matters Press by The Matters Press
July 28, 2020
Reading Time: 2 mins read
0
Egypt’s economic strides excite AfDB

Akinwunmi Adesina. AfDB's President

Akinwunmi Adesina. AfDB’s President

By Tanko Mohammed

RELATED POSTS

Osinbajo advocates African plan on energy transition

Buhari’s war against money laundering, financial crimes peaks

Stakeholders seek political will to revive textile sector

The embattled President of African Development Bank (AfDB), Dr Adewumi Adesina, who is seeking second tenure, has been exonerated of allegations by the three-man independent panel.

The panel was set up on the instance of the United States to review the report of the Ethics Committee of AfDB, which had earlier cleared Adesina of wrongdoings as alleged by whistleblowers.

The unanimous report of the independent panel revealed by a reliable source early on July 27, 2020 dismissed as unsubstantiated the allegations.

According to the report, the members of the panel said they “considered the President’s submissions on their face and finds them consistent with his innocence and to be persuasive.”

ALSO READ  Equities gain, market capitalisation up by N35bn

The panellists did not pass judgement on the president’s evidence but bore in mind that “the whistle-blowers’ complaints were wrongly publicized and that fairness required that the President be heard.”

It is titled: “Report of Panel of High-Level Independent Experts Reviewing Report of Ethics Committee of African Development Bank and Response of President Thereto.”

The panellists said they were mindful of the fact that “absence of evidence is not evidence of absence. At the same time, it appears to us to be an undue burden to expect a holder of high office in an international organization, to prove a negative, in the absence of sufficient grounds.

“An attorney writing on behalf of the President, also argues quite correctly in our view, that a distinction should be drawn between alleged institutional failure at the Bank and the conduct of the president. We have not attached any value to the Dissociation Note in our deliberations.

ALSO READ  Experts urge harmonisation of organic agriculture to enhance West African trade

“The President has also as part of his detailed submission enclosed 18 annexes, which he believed might be relevant and necessary to make his case and assert his right to due process.”

The panel its report into two parts, considered first “the complaints provided to the Ethics Committee by the whistle-blowers and found that they had been properly considered and dismissed by the Committee.”

In the second part, “it considered, in the interests of due process, the responses of the President.’’

“The whistle-blowers’ complaints were wrongly publicized and that fairness required that the President be heard. It has considered the President’s submissions on their face and finds them consistent with his innocence and to be persuasive.”

ALSO READ  Adesina, AfDB’s boss gets reward for uplifting people

Both the Ethics Committee of AFDB and the Bureau of the Board of governors had exonerated Adesina of any wrong doing but the United States government, one of the shareholders of the bank, insisted on an independent investigation.

Nigeria, the majority shareholder of the bank objected with President Mohammed Buhari, Former President Olusegun Obasanjo and Former President Goodliuck Jonathan supporting Adesina.

Past African presidents and leaders also threw their weight behind Adesina, who is the sole candidate for the re-election as the president of AfDB.

Tags: Adesina
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

Nigeria emerges Africa biggest energy sector
Economy

Osinbajo advocates African plan on energy transition

May 13, 2022
Nigeria gets petroleum law to edge out 50 years archaic laws
News

Buhari’s war against money laundering, financial crimes peaks

May 13, 2022
25 textile clusters get a boost through SMEDAN
Economy

Stakeholders seek political will to revive textile sector

May 12, 2022
Nigeria floats $4bn Eurobonds
Economy

DMO lists N225bn FGN bond for subscription by auction

May 12, 2022
Price of bread to be reviewed upwards again
Economy

Cost of bread beyond reach of many Africans – AfDB

May 12, 2022
Buhari meets with governors of APC
News

Buhari gives resignation deadline to political office holders seeking to contest elections

May 11, 2022
Next Post
Buhari holds virtual meeting with APC’s governors

Buhari holds virtual meeting with APC's governors

Osinbajo with some APC’s governors

Osinbajo with some APC's governors

Leave a Reply Cancel reply

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

Recommended Stories

Gas cylinder plant for inauguration

Nigeria in 28 investment deals

March 21, 2020
Deaths in Brazil’s prison fight hits 57

Deaths in Brazil’s prison fight hits 57

May 28, 2019
WTO postpones conference due to pandemic travel restrictions

EU takes China to WTO over high-tech patent protection

February 19, 2022

Popular Stories

  • 79 candidates for presidential election

    INEC wants to make you rich, bid for new jobs

    0 shares
    Share 0 Tweet 0
  • Universities approved to operate distance learning centres

    0 shares
    Share 0 Tweet 0
  • IMF’s reasons for Nigeria’s economic recovery

    0 shares
    Share 0 Tweet 0
  • Missing fighter jet found dead

    0 shares
    Share 0 Tweet 0
  • PawaPlus launches app to make access to electricity easy

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • Osinbajo advocates African plan on energy transition
  • Buhari’s war against money laundering, financial crimes peaks
  • Stakeholders seek political will to revive textile sector

Categories

  • Agriculture
  • Business
  • Culture
  • Economy
  • Economy
  • Entertainment
  • Features
  • Finance, Money
  • Foreign
  • Health
  • Lifestyle
  • Multimedia
  • News
  • Oil, Gas
  • Opinion
  • Photo
  • Politics
  • Politics/Social
  • Religion
  • Security
  • Special News
  • Sports
  • Tech
  • Thematterspress
  • Trade, Industry, Technology
  • Travel
  • Uncategorized
  • Video
  • World

© 2022 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Special News
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2022 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?