Bureau of the Board of Governors

Embattled President of African Development Bank (AfDB), Dr Adewumi Adesina, has survived a second round of investigation into his conduct, giving him a boost in his re-election bid next month. A team of independent auditors demanded for by the US government said they could not find proof he had engaged in corruption or nepotism as anonymous whistleblowers had alleged. The panel was set up on the insistence of the US 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 of three said there had been insufficient evidence to prove the allegations. According to the report, the members of the panel said they “considered the President’s submissions on their face and finds ...