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A coalition of 15 former African presidents and a prime minister have
publicly expressed their support for the President of African
Development Bank (AfDB) Akinwumi Adesina, following calls for an
independent investigation against him by the United States government. Recall that the US Government through its Treasury Secretary Steven Mnuchin, said it had reservations about the process that led the ethics committee on 5 May to reject the whistleblowers’ accusations against the bank President. He further called for an independent investigation of Adesina who was cleared of the allegation against him by AfDB's ethics committee. ![]() However reacting to this, the former African leaders stated that any conflict resolution processes outside laid down rules would undermine the reputation of the bank and its president. The statement reads in part; “Adesina, who some whistleblowers alleged to have violated the banks’ code of ethics, has firmly and consistently declared his innocence of these allegations. Adesina’s achievement as the President of the AfDB was also listed by the coalition of African leaders. The statement added; “The bank announced a $10 billion crisis response facility to support countries in Africa. The bank also successfully launched a $3 billion Fight COVID-19 social bond, the largest ever US dollar-denominated bond in world history”. Shareholders of the bank were also urged to work with mutual respect and honour the procedures of the bank. “No nation, regardless of how powerful, has veto power over the African Development Bank, and no nation should have such power”. The following former African leaders signed the statement;
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