
Audio By Carbonatix
The African Bank of Development (AfDB) leader Akinwumi Adesina has been cleared of corruption by an independent probe, the AFP news agency reports.
The independent panel of experts is headed by former Irish President Mary Robinson and includes Gambia's Chief Justice Hassan Jallow and Leonard McCarthy, the World Bank's integrity vice-president.
The agency quotes a report as saying that Mr Adesina was cleared of all charges that were alleged by unnamed employees.
Mr Adesina, former Nigerian finance minister, was accused of poor governance, impunity, personal enrichment and favouritism. He has denied the allegations.
An internal investigation had initially cleared him of the allegations, but US Treasury Secretary Steve Mnuchin personally signed a letter to the board rejecting the outcome.
The US is one of the 27 non-regional members of the AfDB and its second largest shareholder.
"The panel concurs with the committee in its findings in respect of all the allegations against the president and finds that they were properly considered and dismissed by the committee," AFP quotes the report as saying.
Latest Stories
-
Ghanaian extradited to US admits role in $4.4m romance fraud, agrees to pay restitution
10 minutes -
Today’s front pages: Wednesday, July 1, 2026
32 minutes -
Telecel expands Ashanti impact, adopts Kumasi South Mother and Baby Unit
2 hours -
OMCs slash fuel prices as GOIL leads with petrol at GH¢12.79
2 hours -
MOBA Golf Club launches invitational as part of Mfantsipim School 150th Anniversary
2 hours -
NIB targets stronger 2026 performance after Q1 profit rises to GH¢34.3
2 hours -
Wait, don’t increase tariffs yet – AGI urges PURC to watch falling oil prices
3 hours -
Trump made more than $1bn from crypto in first year back in office
3 hours -
AGI warns 3.5% electricity tariff hike could push production costs up by 10%
3 hours -
World Bank says Finance Ministry fiscal controls delayed GARID project
3 hours -
Wrong timing – AGI questions electricity tariff hike despite falling inflation and stable cedi
3 hours -
Why I won’t shoot my shot at Maduka Okoye – Tems
4 hours -
Veteran Nollywood actor, Elegbeje Ado dies at 66
4 hours -
Mexico beat 10-man Ecuador to set up potential tie with England
4 hours -
International IDEA commends Isaac Adjin Bonney for six years of leadership on finance and audit committee
4 hours